Current Report: BASF Might Grow 9.5% In Price This Year

The company was founded in 1865 and is headquartered in Ludwigshafen am Rhein, Germany.

BASF SE (BASFY) provides chemical products through the six segments: (1) Chemicals, (2) Materials, (3) Industrial Solutions, (4) Surface Technologies, (5) Nutrition and Care, and (6) Agricultural Solutions.

Three key data points gauge BASFY (or any dividend paying entity):

(1) Price 

(2) Dividends

(3) Returns

Those three keys also indicate if any company has made, is making, and will make money.

BASFY Price

BASF’s single share price increased $1.02 (or about 8%) from $12.53 to $13.55 in the past year, per Friday’s closing market report.

Four analysts cover the stock and set a median target price at $0.75 above Friday’s closing. However, the past three year price history shows an average $0.63 annual price gain which I’ll use for its annual return; after I discuss dividends.  

BASFY Dividends

BASF SE has paid variable annual dividends since April, 2002 with no Covid year pauses. The recent A dividend of $0.66 was paid May 18th (to shareholders on record as of May 5th) and that annual payout yields 4.88% (per Friday’s closing market report.}

BASFY Returns

Putting it all together, as of June 26th, a possible gross gain of $1.29 was projected. The $0.63 per share historic annual gain was added to the $0.66 forward looking annual dividend to equal a $1.29 gross gain.

A little over $1000 invested in BASFY at Friday’s $13.55 closing share price would buy 74 shares which multiply the $1.29 gross gain to $95.20 for the coming year, or about 9.52%.

My dividend dogcatcher rule is to only buy initial shares of a dividend stock that pay an annual dividend (from $1000 invested) that is greater than the cost of one share.

BASFY’s projected annual dividend from $1K invested is $48.80. So BASF SE shows a dividend from $1,000 invested over 3.6 times greater than its $13.55 recent single share price.

The exact track of BASFY’s future share price and dividend will entirely be determined by market action and company finances.  

Remember, the best way to track stock performance and dividend payments is through direct ownership of company shares.