MIXI Inc. (MIXIF) was founded in November 1997 and is headquartered in Tokyo, Japan.
MIXI Inc. provides social networking and job recruitment services through Digital Entertainment, Sports, Lifestyle, and Investment programming.
Three key data points gauge MIXI (or any dividend-paying equity):
(1) Price
(2) Dividends
(3) Returns
Those three keys also indicate if any company has made, is making, and will make money.
MIXIF Price
MIXI’s single-share price went unchanged at $21.28 in the past year, per Tuesday’s opening market report.
No analysts cover the stock.
However, MIXI’s June 2022 price progression from $16.52 to $21.28 four years later showed an annual gain of $1.19. I’ll use that 2022-26 average annual progression of $1.19 to calculate returns after I discuss MIXI dividends.
MIXIF Dividends
MIXI Inc. has paid variable annual dividends since March 2010 and changed the payment mode to semi-annual in 2014.
The most recent semi-annual dividend of $0.3816 per share will pay out December 2, 2026 (to shareholders of record September 30th). That forward-looking annual dividend of $0.7632 yields 4.19% annually (per Tuesday’s opening market report)
MIXIF Returns
Putting it all together, as of November 10th, a possible MIXI Inc gross gain of $1.9532 was projected.
To get there, our $1.19 per share potential annual price gain was added to the $0.7632 presumed forward-looking annual dividend to make that $1.9532 gross gain.
A little over $1000 invested in MIXIF at Tuesday’s $21.28 opening price would buy 47 shares, which multiply the hypothetical $1.9532 gross gain to $91.79 for the coming year, or about 9.18%.
By the way, a dividend dogcatcher guideline 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 one share.
MIXI Inc’s projected annual dividend from $1K invested is $56.60, and that annual dividend proves to be near 2.66 times more than its Tuesday $21.28 single-share opening price.
The exact track of MIXIF’s future share price and dividend will entirely be determined by market action and company finances. I have my doubts about MIXI. It is listed by both YCharts and Seeking Alpha but not by Yahoo Finance. The numbers in all three are different or non-existent. Beware of MIXIF!
Remember, the best way to track stock performance and dividend payments is through direct ownership of company shares. Beware!
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