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Barchart
Barchart
Mark R. Hake, CFA

Domino's Pizza Could Hike its Dividend Next Month - DPZ Stock Could Be Undervalued

DPZ Domino Domino Pizza

Domino's Pizza (DPZ) could raise its dividend rate next month, as its strong free cash flow (FCF) can finance this. This will likely push DPZ higher based on its historical dividend yield.  

DPZ stock closed at $427.35 on Friday, Jan. 17, and well off its recent peak at $476.19 on Nov. 29.  However, it could be worth over 16% more at close to $500 per share. 

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