Current Report: Chemtrade Logistics Price Could Grow 20% This Year

The company was founded in 2001 and is headquartered in Toronto, Canada.

Chemtrade Logistics Income Fund (CGIFF) provides  industrial chemicals and value-added services.

The firm serves  the pulp and paper, oil and gas, and water treatment industries.

The Corporate segment provides centralized services: treasury, finance, information systems, human resources, legal and risk management, environmental, health, and safety support.

Three key data points gauge CGIFF (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.

CGIFF Price

Chemtrade’s single share price rose $3.43 (or about 45%) from $8.14 to $11.80 in the past year, per Monday’s opening market report.

No analysts cover the stock. However, the past three year price history shows an average $1.83 annual price gain which I’ll use for its annual return; after I discuss dividends.  

CGIFF Dividends

Chemtrade has paid monthly dividends since September, 2001.

The most recent M dividend of $0.0436 is payable June 30th (to shareholders on record as of June 29th) and the resulting $0.523 annual payout yields a forward looking 4.44% (per Monday’s opening market report.}

CGIFF Returns

Putting it all together, as of June 15th, a possible gross gain of $2.35 was projected.

The $1.83 per share historic annual gain was added to the $0.52 forward looking annual dividend.

$1000 invested in CGIFF at Monday’s $11.80 opening share price would buy 84.75 shares which multiply the $2.35 gross gain to $199.15 for the coming year, or near 20%.

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.

CGIFF’s projected annual dividend from $1K invested is $44.40. So CGIFF shows a dividend from $1,000 invested over 3.75 times greater than its $11.80 single share price.

The exact track of CGIFF’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.