Recently, I picked of a few shares of COLM when it pushed below my price target of 55. I am a long-time satisfied customer and am happy to be a stockholder. Financials are very strong and I know it is not the fashion in retail, but has the BOD ever considered establishing a dividend, even a token one?
Nope, they are still in a growth phase and unlikely to offer a dividend at any point in the near future in my opinion. If you look at the trend in management expressed in their annual reports, it's clear they are going to use cash flow to diversify their product line through acquisition and grow out their market by expanding into new locations. At the present time it's probably the best use of their money. As an investment, the problem with the stock is that it is relatively thinly traded and thus at the mercy of traders who manipulate the price from time to time. It's a great company with good management and a good product in a very competitive market.