(Exclusive) Corus Entertainment Warrants Higher Valuation Despite Flat Revenue Growth Outlook

About: Corus Entertainment Inc. (CJREF), Includes: DHXM
by: Ploutos Investing
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Ploutos Investing
Dividend growth investing, growth at reasonable price, value, long-term horizon

Corus Entertainment posted four straight quarters of TV advertising revenue growth in its Q4 F2019 earnings, but expects only flat revenue growth in F2020.

Corus continues to trade at a significant discount to its peers and pays a 4.4%-yielding dividend.

Free cash flow yield of 27% is attractive.

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Investment Thesis

In this week's Income Weekly article, we provide an update to Corus Entertainment (OTCPK:CJREF) (TSX: "CJR.B"). The company delivered an unimpressive Q4 F2019