E Daily Stock Pick: Weyco Group

A portfolio of stocks I've been building since September 3 is named Volio. It will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the second of five Consumer cyclical sector stocks striving to join my Volio folio. This could be the twentieth pick for Volio!

That cyclical sector includes twenty-eight industries ranging from Advertising Agencies to Apparel, Autos, Broadcasting, Department Stores, Gambling, Leisure, Lodging, Packaging, Personal Services, Shoes, Restaurants, Rubber, Plastics, Textiles, and all such consumer aimed enterprises.

My subject today is a company named, Weyco Group, Inc. Their trading ticker symbol is WEYS. This is my second ever report on WEYS. I last reported on it on September 16 for this portfolio.

Weyco Group Inc is a US-based company, engaged in the manufacture, design distribution of quality and innovative footwear.

The company designs and markets footwear for men, women, and children. It offers mid-priced leather dress shoes and casual footwear composed of man-made materials or leather. It also provides outdoor boots, shoes, and sandals.

The company organizes its business into two segments; North American wholesale and North American retail segment. It markets its apparel, accessories, and footwear under the brand name of Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters, and Umi.

The serves its end-user in the US, Canada, Europe, Australia Asia, and South Africa. Most of its revenues are generated from the US through its wholesale operations.

The company was formerly known as Weyenberg Shoe Manufacturing Company and changed its name to Weyco Group, Inc. in April 1990.

Weyco Group, Inc. was incorporated in 1906 and is based in Milwaukee, Wisconsin.

I use three key data points to gauge dividend-paying equities or funds like Weyco Group Inc:

(1) Price

(2) Dividends

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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