is it a good buy?

by cindy
(ironton, oh usa)

over last 3 years stock price has fell from $50 to $18 per share. Company has paid $1 dividend each year. they want to continue $1 dividend for the next 3 yearsthen increase it by 6% per year - comparable stocs are returning 11%. Is this a good buy?

and how do you think the market feels about the management of the company