Adairs (ASX:ADH) share price is lower on Adairs 1H FY2021 results, but its trailing dividend yield is over 5.8%. It could be interesting.
Adairs (ASX: ADH)
Adairs (ASX: ADH) was listed by private equity firm Catalyst and renowned retail investor Brett Blundy in 2015 at an IPO price of $2.40. Both entities subsequently sold shares.
Discretionary retail stocks like Adairs often do not have a particularly wide or deep moat, and can often be significantly impacted by the economic cycle. Adairs shareholders have also historically received a dividend, so forecast changes in the Adairs share price are not the only factor to consider if you are wondering whether you should buy Adairs shares. It would make sense to also consider Adairs forecast dividend yield.