We consider Snap-On (SNA) to be a Growth and Income Stock. It’s very undervalued, the dividend produces a medium-low yield, with a long dividend streak, great dividend growth, nice free cash flow growth. SNA produces total return on par with market, with strong, long-term growth. Dividend coverage ratio is below minimum; the dividend has increased continuously for 26 years. The stock’s performance is very reliable. SNA gets an A+ for ‘Excellent’ performance when compared to this month’s dividend universe.
As it’s currently undervalued, this is a good time to take a closer look at SNA.
What do you think? Please let us know in the comments.