Orchids Paper Products Co. (AMEX:TIS) (Ex-GeoBargain)... $13.80
Stock had really fell apart after its tenure as a GeoBargain.. They had trouble integrating a capacity expansion plan amidst a rising raw material environment. Revenue growth also slowed.
However, it finally looks like the near term EPS picture has improved (GPR = 3). They reported decent numbers in October (Not great). But more importantly they doubled the quarterly dividend today. Prior to the boost, the div yield the market assigned was about 3.2%. It now stands at 6%. As the story may now embody less risk we are wondering if the market will begin to fill the div yield gap by lifting shares.. Will listen to the CC ASAP.