Domino's Pizza: A Capital-Light Business Model With A Steady Stream Of Royalty Revenue
Domino's has increased its dividend for 14 consecutive years. Its 10-year dividend growth rate of 18.8% is blistering. Domino's has a middling financial position. The long-term debt/equity ratio is N/A (due to negative common equity stemming from the buybacks), while the interest coverage ratio is near 5. The P/E ratio has dropped to 18.8. That's far lower than its five-year average of 26.1.
