This Micro-Cap Dividend Play Deserves a Spot on Your Watch List
Published Mar 2, 2011 on Seeking Alpha

Company Overview: Rocky Mountain Chocolate Factory (Nasdaq: RMCF) is an international franchisor and confectionery manufacturer. The Company is engaged in the manufacture of a range of chocolate candies and other confectionery products. Note: Rocky Mountain Chocolate's fiscal year ends in February. So for example, FY 2010 ended in Feb. 2010. This past year is referred to as FY 2011 Fundamentals: Rocky Mountain Chocolate Factory is a small company, mostly comprising franchised retail stores and kiosks. Formed in 1982, and with a market cap of just 62 million, this is not the typical dividend paying company. I hesitate to even it call it that, since its dividend history is so short, paying its first full year of dividends in 2004 at 10 cents a share.The company began raising its dividend every year, but quickly realized it did not have the earnings power to do so. It's been stuck at the... Read more