Current Report: CANCOM SE May Gain 20% This Year

The company was founded in 1992 and is headquartered in Munich, Germany.

CANCOM SE (CCCMF) provides information technology (IT) infrastructure and professional services. The firm serves the retail, public, manufacturing, education, and healthcare sectors.

Three key data points gauge CCCMF (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.

CCCMF Price

CANCOM’s single share price rose $1.43 (or about 17.375%) from $26.11 to $27.30 in the past year, per Friday’s closing market report.

No analysts cover the stock. However, the past year of price history shows an average  $1.19 annual price gain, which I’ll use for an annual return, after I discuss dividends.  

CCCMF Dividends

CANCOM has paid annual dividends since June, 2013.

The most recent A dividend of $1.16 is payable June 22nd (to shareholders on record as of June 18th), and the resulting payout yields a forward-looking 4.25% (per Friday’s closing market report.}

CCCMF Returns

Putting it all together, as of June 12th, a possible gross gain of $2.35 was projected. The $1.19 per share historic annual gain was added to the $1.16 forward-looking annual dividend.

CCCMF at Friday’s $27.30 closing share price would buy 36.7 shares, which multiply the $2.35 gross gain to $86.08 for the coming year, or 8.6%.

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.

CCCMF’s projected annual dividend from $1K invested is $42.50. So CCCMF shows a dividend from $1,000 invested almost 1.6 times greater than its $27.30 single share price.

The exact track of CCCMF’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.