Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Mark R. Hake, CFA

Domino's Pizza Hikes Its Dividend 15% - DPZ Stock Looks Undervalued

As predicted last month in a recent Barchart article, Domino's Pizza (DPZ) hiked its dividend by 15% today. Based on its average historical yield, DPZ stock looks undervalued. It is trading down, providing an opportunity for value investors.

DPZ is trading at $449.56, down 2.7% today and off its recent high of $476.19 on Nov. 29. Given the company's strong free cash flow (FCF) performance and recent 15% dividend hike, investors can potentially see a 20% higher price target at $538.28. This article will show how this works out.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.