Current Report: Münchener Rückversicherungs-Gesellschaft May Gain 17.6% In A Year

The company was founded in 1880 and is headquartered in Munich, Germany.

Münchener Rückversicherungs-Gesellschaft AG (MURGY)  provides insurance and reinsurance services. 

Three key data points gauge MURGY (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.

MURGY Price

Münchener Rückversicherungs-Gesellschaft’s single share price fell $1.52 (or about 11.3%) from $13.40 to $11.88 in the past year,  per Wednesday’s opening market report.

No analysts cover the stock. 

However, the average of the past three-year price progressions shows an average annual gain of $1.46, which I’ll use for the annual return, after I discuss dividends.  

MURGY Dividends

Münchener Rückversicherungs-Gesellschaft AG has paid Annual dividends since May 2009. Its most recent A dividend of $0.55 was paid May 20 (to shareholders of record May 4th, yielding 4.67% annually (per Wednesday’s opening market report.)

MURGY Returns

Putting it all together, as of August 5th, a possible gross gain of $2.01 was projected. The $1.46 per share average annual Gain was added to the $0.5544 forward looking annual dividend to make that $2.01 gross gain.

A little over $1000 invested in MURGY at Tuesday’s $11.40 opening share price would buy 88 shares which multiply the $2.01 gross gain to $176.32 for the coming year, or about 17.6%.

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.

Münchener Rückversicherungs-Gesellschaft projected an annual dividend from $1K invested of $46.70. MURGY shows an annual dividend which proves to be over 11.5 times the recent $11.88 single-share price.

The exact track of MURGY’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.