Cal-Maine: This Company Has Pricing Power
It’s Not Too Late For Income Investors To Buy Cal-MaineCal-Maine (NASDAQ:CALM) is an interesting income stock due to the nature of the payout. The company has a very strict capital return program that only allows a dividend when the company is turning a profit, which can be intermittent. The company was unable to pay a dividend for much of the pandemic for this very reason but market fundamentals changed and so has the dividend outlook. The first significant payout in nearly three years occurred in early 2022 and a second consecutive payout was just declared. The $0.75 payout is worth 5.7% on ...