The company was founded in 1951 and is headquartered in Tokyo, Japan.
Credit Saison Co Ltd (CSASF) provides consumer credit and finance services.
Three key data points gauge CSASF (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.
CSASF Price
Credit Saison’s single share price increased $3.72 (or just over 18.7%) from $19.89 to $23.61 in the past year, per Friday’s closing market report.
No analysts cover the stock, so no one-year price targets for CSASF are available. However, the past 5-year price history for CSASF reports an average annual gain of $2.70, which I’ll use to calculate returns after I discuss dividends.
CSASF Dividends
Credit Saison has paid variable annual dividends since May 1987. The most recent A payout from April 2024 was $0.81. No divided payout was made for the past two years
CSASF Returns
Putting it all together, as of May 1, a possible gross gain of $2.70 was projected by the $2.70 per share five-year averaged annual gain, added to no dividend.
A little under $1000 invested in CSASF at Friday’s $23.61 closing share price would buy 42 shares, which multiply the $2.70 gross gain to $114.36 for the coming year, or 11.4%.
One dividend dogcatcher rule is to only buy initial shares of a dividend stock that pay an annual dividend (from $1000 invested) that is more than the cost of a single share.
CSASF’s annual dividend is zero. So CSASF will no be Dogcatcher buy until a dividend for $1,000 invested exceeds its single share price.
The exact track of CSASF’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.
Comments
Log in or sign up to join the conversation.