Weyco Group: Dividend Champion With No Debt and Low Free Cash Flow Payout

This article originally appeared on The DIV-Net February 28, 2011. Linked here is a detailed quantitative analysis of Weyco Group, Inc. (WEYS). Below are some highlights from the above linked analysis:Company Description: Weyco Group, Inc. distributes, wholesale & retail, men’s branded footwear in the U.S., Canada, Europe; it offers casual footwear, dress shoes and accessories under Florsheim, other brands.Fair Value: In calculating fair value, I consider the NPV MMA Differential Fair Value along with these four calculations of fair value, see page 2 of the linked PDF for a detailed description:1. Avg. High Yield Price 2. 20-Year DCF Price 3. Avg. P/E Price 4. Graham NumberWEYS is trading at a discount to only 1.) above. The stock is trading at a slight discount to its calculated fair value of $24.87. WEYS earned a Star in this section since it is trading at a fair value.Dividend... Read more

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