Current Report: Elisa Oyj Might Gain Near 5% This Year

Source: DepositPhotos

The company was founded in 1882 and is headquartered in Helsinki, Finland.

Elisa Oyj (ELMUY) provides telecommunications, information and communications technology, and online services through its Consumer Customers and Corporate Customers segments.

Three key data points gauge ELMUY (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.

ELMUY Price

Elisa Oyj’s single share price dropped $1.77 (or about 8.2%) from $27.10 to $20.70 in the past year,  per Friday’s closing market report.

No analysts cover the stock. 

However, the average of the past nine-year price progressions shows an average annual gain of $0.33, which I’ll use for the annual return, after I discuss dividends.  

ELMUY Dividends

Elisa Oyj has paid variable Annual dividends since April 2010. A most recent Semi-Annual dividend of $0.33 is payable August 18 (to shareholders of record July 20th, yielding 6.73% annually (per Friday’s closing market report.)

ELMUY Returns

Putting it all together, as of August 7th, a possible gross gain of $1.03 was projected. The $0.33 per share average annual gain was added to the $0.70 forward-looking annual dividend to make that $1.03 gross gain.

A little over $1000 invested in ELMUY at Friday’s $20.70 closing share price would buy 48 shares which multiply the $1.03 gross gain to $49.76 for the coming year, or 4.98%.

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.

Elisa Oyj’s projected annual dividend from $1K invested is $67.30. ELMUY shows an annual dividend which proves to be just over 3.25 times the recent $20.70 single-share price.

The exact track of ELMUY’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.