08 February 2017
By Maynard Paton
Today I’m continuing my hunt for possible investments by revisiting Shoe Zone (SHOE). I first placed this company on my Watch List during March 2015.
Here are the attractions that prompted this revisit:
* Owner-aligned boardroom: The executive family management boasts a 50%/£90m shareholding
* Generous dividend payments: The group will soon have distributed all of its earnings as ordinary and special dividends for the last two years
* Straightforward accounts: The books showcase net cash, modest capex and high returns on equity
As usual, I’m applying a question-and-answer template to help me pinpoint companies that match the criteria set out in How I Invest. I’m looking for as many Yes answers as possible.
