Williams-Sonoma Knows How to Treat Its Shareholders
My objective as an investor is to purchase stocks with a reputation of rewarding their shareholders with dividend increases and prudent share repurchases, all backed by steady operating fundamentals.
One business that fits this description is the omnichannel (a multipronged approach to sales including mobile, desktop, and brick-and-mortar) specialty retailer Williams-Sonoma (NYSE: WSM).
Let's dig into how Williams-Sonoma's record second-quarter operating results and impeccable balance sheet made its substantial dividend raise and new share repurchase program possible, and whether the stock is worthy of attention from dividend investors at the current valuation.
Source Fool.com
