Originally Published December 11, 2019
Engineered Income Investing: Exclusive Premium Research
Steering a company forward is very much analogous to steering a big rig. You must constantly be aware of what is happening around you and anticipate changes so as to control you own course and arrive safely at your goal. FedEx (FDX) has been having some trouble doing this of late. Today I'll consider the outlook going forward for this popular dividend income target.
Market Price: $156.51
Dividend: $2.60 (1.66%)
YDP Fair Market Value: $157.58 (1.65% recent yield average)
P/S Fair Value: $224.30
P/OpCashFlow FV: $173.70