Corby Distilleries (OTC:CBYDF) is a Canadian marketer and distributor of wines and spirits. They own a number of Canadian spirits brands, including Wiser's Canadian Whisky, Lamb's Rum, and Polar Ice Vodka. The company has an approximately 23% share of Canadian spirits sales, and is majority owned by Pernod-Riccard (OTCPK:PDRDF), whose brands it also distributes.
The company has a dividend yield of approximately 3.2% based on their regular dividends. The company has enacted a dividend policy of paying out the greater of 75% of the previous years net earnings or $0.60 per share per year.
The company has been consistently growing its cash flow and earnings, with operating cash flow growing from $28.6 million in 2010 to...
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