Simon Herrmann of wise-owl.com rated CLH a buy in today's issue of 'The Bull'. [A free weekly newsletter].
"Just in time for a dividend play, the debt collection business will trade ex-dividend on September 22, 2015, distributing a final dividend of 4.7 cents. At recent prices, the full year dividend yield is about 4 per cent. In the past three years, CLH’s revenue rose 11.5 per cent while net profit increased 22 per cent. Reliable cash flow provides a fundamental income base."
CLH Price at posting:
$2.38 Sentiment: Buy Disclosure: Held