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.
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