Dewhurst: A P/E Of 8 But I’m Not 100% Convinced

23 April 2015
By Maynard Paton

Today I’m continuing my hunt for Watch List shares with a look at Dewhurst (DWHA).

Here are the initial attractions that prompted this research:

Loyal management: Dewhurst has been a family-run business since its formation in 1919
Rising dividend: The payout has advanced every year since at least 1999
Interesting valuation: The shares could offer a possible P/E of less than 8

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.

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