Is the Empire Company Dividend Safe?
Empire Company has been increasing the dividend for 30 years.
Over the past 10 years, Empire Company has increased it by an annual 8.031 %.
Over a five-year period, the distribution increased by 10.708%.
Analysts expect a Dividend Increase of 5.642% for the current fiscal year.
Empire Company Aktienanalyse
What does Empire Company do?
Empire Company Ltd is a Canadian family business that was founded in 1907. It is headquartered in Stellarton, Nova Scotia and has been involved in retail, food, and real estate for over 100 years.
Empire Company Ltd. is one of the largest retailers in Canada with over 124,000 employees and an annual revenue of over CAD 27 billion. The company is well-known for its retail chain, Sobeys, which has locations throughout Canada.
The company's business model is based on offering high-quality products at fair prices with excellent customer service. Its goal is to provide customers with a pleasant and convenient shopping experience.
Empire Company Ltd operates in various business sectors, including retail (through Sobeys and other retail chains), food (through brands like Safeway, IGA, and Farm Boy), and real estate (through Empire Communities).
Sobeys is the most well-known retail chain of Empire Company Ltd, offering customers a wide range of products, including groceries, beverages, household items, cosmetics, and health products. The company operates over 1,500 stores across Canada and employs over 125,000 people.
The food stores of Empire Company Ltd also offer a wide range of products, with a focus on fresh food. The company operates various brands, including Safeway (in Western Canada), IGA (in Quebec and other regions), and Farm Boy (in Ontario).
One of the main business areas of Empire Company Ltd is real estate development through its subsidiary, Empire Communities. The company develops residential and commercial properties throughout Canada and has a presence in some of the largest Canadian cities.
Empire Company Ltd has acquired several business areas throughout its history. Some of the major acquisitions include the acquisition of Sobeys in 1907, the acquisition of Safeway in Western Canada in 2013, and the acquisition of Farm Boy in 2018.
Overall, Empire Company Ltd is a strong and successful company with a strong presence in the Canadian market due to its wide range of products and top-notch services. With its continuous growth and expansion into various business sectors, the company is well-positioned for future success. Empire Company is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.