MTY: 30% dividend hike

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CDN Stocks

MTY Food Group (TSX: MTY) pumped up their quarterly dividend by 30% in January. They made a large acquisition stateside last year and paused dividend increases while they focused on integration. Dividend hikes are now back on track. This company is a cash machine with a royalty on food courts everywhere. Great business to add and hold for long term. Should go higher.

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