Joshua Chin
Long/short equity

EMC Insurance Group. - Opportunistic Value Investment Primed For A 40% Dividend Yield Increase

In my previous article, I put forth a thesis supporting the significant opportunity and value in EMC Insurance Group Inc. (NASDAQ:EMCI). The majority of that article emphasized the strong macro-economic prospects going forward in conjunction with EMCI's strong fundamentals that were trading at a material discount compared to similar companies in the same industry. I very briefly and anecdotally mentioned the 2.9% dividend as a means of a return for those waiting for the catalyst to take effect in their investment.

This article will critically and objectively analyze the current 2.9% dividend yield and put for the thesis that it has tremendous potential to be raised in the future and EMCI is a tremendous investment today.

Cautionary...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details