Image Source: Pixabay
Himax Technologies, Inc. (HIMX) was founded in June 2001 and is headquartered in Tainan, Taiwan.
Himax Technologies, Inc. is a semiconductor solution provider dedicated to display imaging processing technologies.
It operates through the Driver Integrated Circuit and Non-Driver Products segments.
Three key data points gauge HIMX (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.
HIMX Price
Himax Technology’s single share price declined $1.92 (or 19.6%) from $9.78 to $7.86 this past year, per Friday’s morning market report.
Five analysts cover the stock and the median of their one year target estimates in dictates about a $0.69 annual price gain from $7.85 to $8.54.
HIMX Dividends
Himax Technologies has declared and paid annual dividends since October 2007, except for three covid years from 2019-2021.
The July 2026 A dividend of $0.37 suggests $0.37 annual dividend for the coming year.
HIMX Returns
Putting it all together, a hypothetical annual gross gain of $1.06 per share is predicted by adding the $0.37 forward-looking dividend to the analyst-estimated $0.69 annual price-gain.
A little over $1000 invested at Friday’s $7.86 share price would buy 127 shares which multiply the $1.06 gross gain to an estimated $134.86 upside for the coming year.
36% of that $135.00 upside gain could come from the $48.70 annual dividend payout from your $1,000 investment.
And the $48.70 dividend from $1k invested is 6.2 times more than HIMX’s $7.86 single share price.
(A dividend dogcatcher rule is to only buy initial shares of a stock that pay an annual dividend from $1000 invested that is greater than the cost of a single share.)
HIMX’s forthcoming dividend from $1,000 invested is about 6.2X more the price of a single share.
The exact track of HIMX’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.
More By This Author:
Stock Analysis - Rithm
Stock Analysis - Tryg
Current Report: LCNB
Comments
Log in or sign up to join the conversation.