By NEIL HARTNELL
Tribune Business Editor
Leading Bahamian investment analysts have raised concerns over Commonwealth Brewery's 100 per cent net income dividend payout policy, questioning whether it was "sustainable" and could detract from capital investment, and if it indicated Heineken saw limited long-term growth opportunities for the company.
While many still rate Commonwealth Brewery's $62.5 million initial public offering (IPO) as a 'Buy' for Bahamian investors, given the portfolio diversification provided by the vertically integrated manufacturer/brewer, most have told Tribune Business they view it largely as a 'dividend play', with limited growth due to ...
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