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Shares of Generac Holdings (GNRC -6.1%) fall after the company announces a number of changes to...

Shares of Generac Holdings (GNRC -6.1%) fall after the company announces a number of changes to its capitalization plan including cutting the size of a refinancing plan and reducing a special dividend planned for Q2 to $6/share from $10/share.
Comments (2)
  • Between potential outages due to solar flares, increased storm activity from climate change, our aging power infrastructure and Americans' waning tolerance for suffering any inconvenience in their quest to consume power, this stock has so many upward catalysts it's almost comical. And now you're going to force me to take a $6/share special dividend in July on TOP of that (23% yield at today's trade)? Oh, please don't throw me in that briar patch!

     

    I have to admit it raised my eyebrows some when they said they were going to incur debt to do it, but hopefully they know their business outlook well enough to warrant their comfort with the action.
    22 May 2012, 03:43 PM Reply Like
  • Generac (GNRC): Free cash flow (ttm) is on a steep upward curve, debt/equity is .71 and falling, revenue growth is over 10%, forward PE~10, PEG ratio=0.75, profit margins holding up. What's not to like about a $6 dividend?
    9 Jun 2012, 09:08 PM Reply Like
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