Zoetis Declares New Dividend, Hinting At Undervaluation
Key Points JAB has announced its plans to acquire Pumpkin, a pet insurance platform launched by Zoetis, which is still a minority holder.As Zoetis undertakes its plans for sustainable growth, shareholders will benefit from economic gains in the acquisition and joint operations, with direct payouts seen in the dividend yield.Diversification of operations, product mix, and new projects have allowed Zoetis to outperform peers on a financial and appreciation basis. Trend management points to be continued.These valuation metrics and 2023 outlooks suggest that investors have yet to see the best of Z...