Why else should you own Shoppers besides it's dividend and valuation?
- Demographics are on their side as our population gets older and they need to intake more medications.
- Debt levels are low, especially for a retailer still very much in a growth stage of its business model (refer to the chart below).
- Revenue is on a strong upward trend and profit margins are remaining healthy and stable (refer to chart below).
So take a look at including Shoppers as part of your dividend portfolio, and hopefully you will be pleased the next time you see a brand new Shoppers going up in your neighbourhood, as I am sure we all will : )