Is TATA Motors a good dividend growth investment?
TATA Motors stock trades as TTM (ADR) on NYSE. The stock’s current yield is 1.5%, pays dividends only once a year, and it has paid growing dividends since 2005. Although I like the company and management’s visionary goals to satisfy its customer base, it is not a choice for dividend growth or any other dividend strategy. It would not pass any dividend investing screens. However, I am short listing TTM (ADR) as a potential value stock for long term investing in emerging market. Short listing allows me to follow and read more about the company.
