Go to the Globe and Mail homepage

Jump to main navigationJump to main content


Globe Investor

Inside the Market

Up-to-the-minute insights
on developing market news

Entry archive:

This dividend stock's potential appears to outweigh the risk Add to ...

Subscribers Only

K-Bro Linen Inc.’s stock price has taken a beating this month, sinking from more than $50 to about $43, on unusually high volume. The stock’s valuation has compressed – but is the recent correction a buying opportunity? Let’s take a closer look.

The company

K-Bro is an industry leader as the country’s largest provider of laundry and linen services. Through its nine processing plants and two distribution centres, the company services customers in two key markets: health care and hospitality. In the fourth quarter, roughly 71.9 per cent of the company’s revenue was from the health-care industry.

Report Typo/Error

Follow us on Twitter: @GlobeInvestor

Also on The Globe and Mail

Why more millennials are turning to apps for their investment gameplan (BNN Video)

Next story