American Software, Inc. (NASDAQ:AMSWA)
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The Company develops, markets and supports a portfolio of software and services that deliver enterprise management and collaborative supply chain solutions to the global marketplace.
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AMSWA is VASTLY undervalued. Especially below the 7 mark.With it's consistently increasing, historied, and already large quarterly dividends matched with DRIP, and its ownership of LGTY, regardless of the companies earnings this stock is a winner. If you buy 100 shares today and enroll in DRIP, and if the dividend and stock price stay the same, you would double the number of shares owned in 13.5 years. that is without any growth whatsoever, which it is positioned to grow. With no debt, they can afford expansion while keeping the rising dividends active.
I agree. I think this is a bargain, especially with the generous dividend. I am adding more to my personal portfolio(IRA).
Payout ratio is 300% right now. Eventually they will either have to grow or cut the dividend. And if they are positioned to grow why aren't they doing it already?