A Recent IPO with an 8.6% Dividend Yield
Roundy’s Supermarkets (RNDY) is a strong regional food retailer with a local market merchandising strategy that provides high quality food products at competitive prices. The company was founded in 1872 in Milwaukee and operates 159 retail grocery stores and 97 pharmacies under the Pick ‘n Save, Rainbow, Copps, Metro Market, and Mariano’s Fresh Market retail banners. The company went public in February 2012 and has a market capitalization of $454 million. Roundy’s generated $150 million of operating income on $3.8 billion of revenue in 2011.
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