Stock Analysis: Evertz Technologies May Be Poised To Gain10.7% This Year

The company was founded in1981 and is headquartered in Burlington, Canada.

Evertz Technologies Ltd with the ticker (EVTZF), designs, manufactures, and markets video and audio infrastructure solutions for the television, telecommunications, and new-media industries.

Three key data points gauge EVTZF (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.

EVTZF Price

Evertz Technologies’s single share price grew $3.34 (or about 37%) from $8.835 to $12.17 in the past year, per Monday’s opening market report.

No analysts cover the stock. However, the EVTZF past three year price history shows an average $0.72 annual price gain which I’ll use for the annual return, after I discuss dividends.  

EVTZF Dividends

Evertz Technologies has paid dividends since October 2007. Its most recent Quarterly dividend of $0.1440 was paid July 13 (to shareholders of record July 6th, yielding 4.73% annually (per Monday’s opening market report.)

EVTZF Returns

Putting it all together, as of July 27th, a possible gross gain of $1.30 was projected. The $0.72 per share averaged 3 year annual gain was added to the $0.576 forward looking annual dividends to make that $1.30 gross gain.

A little under $1000 invested in Evertz Technologies at Monday’s $12.17 opening share price would buy 82 shares which multiply the $1.30 gross gain to $106.82 for the coming year, or about 10.7%.

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.

Evertz Technologies Ltd’s projected annual dividend from $1K invested is $47.30. EVTZF shows an annual dividend which proves to be about  3.9 times more than the recent  $12.17  single-share price.

The exact track of EVTZF’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.