A&W: Top 'Food' Investment; Excellent Dividend Hikes

A&W is probably not well-known at all to those who aren't Canadian, however, it has over 900 locations and is known for really being the pioneers in hamburgers and changing the "unhealthy" reputation of fast-food to a "little bit" better of a choice by using hormone-free/antibiotic-free beef and reducing preservatives. Their growth as a company and from store-to-store is also growing a about 2-4% year over year (on average).

This is a pure royaltystock which means you earn a monthly dividend (a plus) from store location 'pots'. This in itself is quite unique.

Technically, it appears a bottom has formed during this year of consolidation and I can see a re-test to the mid 40s sometime in 2020.

A monthly dividend; consistent dividend hikes 1-3x a year; and some growth. What more can you ask for?

Over the long period this stock has held up quite well in market corrections and recessions which is also a plus for those that want to go "ultra long" for monthly and passive income.

Of course though, remember, this is a royalty stock which means its fairly stable and you won't see "epic capital appreciation" like other growth stocks in the market.

- zSplit

Order cancelled:

Trend-line has been broken. Long-term trade is in-tact which should bring the stock in-time back to the 34.50-36.00 level.

Monitoring closely.