Lewis Group: A consistently good dividend payer
The healthy cash position on the balance sheet, together with a hefty fall in the share price year to date, does, however, make Lewis an interesting proposition for investors
24 September 2020 - 08:00
In the past Lewis was focused on credit retailing, with close to 69% of its sales of merchandise skewed towards credit sales in 2015.
Since it acquired UFO in 2018, which targets a wealthier client base, the credit sales mix has decreased to 56.9% of merchandise sales...
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