Just an FYI... BKE has been taken down today. The only reason it went down was due to the special dividend pay day. (Purely for technical reasons.)
I purchased here for the trade. It usually bounces off the 20 sma while in a strong rally.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEies4y1BknxuEv7LoQ65mNKZEhC-hbGK4ahmK6-NMDuSlCp7RW__BhT8veTit4ZWRQSSzPcyCheePqbHr4Dl1-ifsrbXxjPSbb88IzomHW9l4w1e-EB5cVk6vUhdopjcpcqhPb4_0ahECA/s400/bke.png)
BKE has been issuing consistent special dividends for some time. So much so, that BKE dishes out about 7% a year annually. It should be no surprise as this company has such a high ownership by insiders.
Based on the frequency of special dividends, BKE should be valued more appropriately. But instead, it consistently trades between a trailing PE of 10-17. For a stock that typically yields 7%, and grows as nicely as BKE does, the multiple is simply too low. (But I am no crusader, just pointing out the patterns.)
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