Vidrala $VID (+0,39 %) is a high-quality leader in glass packaging with an impeccable balance sheet, virtually debt-free, and strong structural tailwinds stemming from European circular economy regulations. While the underlying business is excellent and trades at a reasonable P/E ratio of 14.2, the dividend yield of 1.8% does not meet our requirements. As you know, we require a minimum of 3%. That’s why we’ve placed it in the “watch” quadrant.
Do you think the 3% threshold is too high?
Since I’ve held it, the stock has risen 70% plus an additional 17% in dividends since 2022.
