Current Report: ProCredit Holding May Grow 26% This Year

The company was founded in 1998 and is headquartered in Frankfurt, Germany.

ProCredit Holding AG (PRRCF) promotes and invests in development-oriented commercial banks.

It operates through four geographical segments: (1) South Eastern Europe, (2) Eastern Europe, (3) South America, and (4) Germany.

Three key data points gauge PRRCF (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.

PRRCF Price

ProCredit Holding’s single share price dropped $2.77 (or about 23%) from $12.02 to $9.25 in the past year, per Tuesday’s opening market report.

No analysts cover the stock. However, the PRRCF's past three-year price history shows an average $1.85 annual price gain, which I’ll use for its annual return after I discuss dividends.  

PRRCF Dividends

ProCredit Holding has paid variable annual dividends since May 2017, with one pause in the 2019 COVID year.  The latest annual amount of  $0.55 was paid June 8th (to shareholders on record as of June 5th), yielding 5.99% annually (per Tuesday’s opening market report)

PRRCF Returns

Putting it all together, as of July 7th, a possible gross gain of $2.40 was projected. The $1.85 per share historic annual gain was added to the $0.55 forward-looking annual dividend to equal a $2.40 gross gain.

A little under $1000 invested in PRRCF at Tuesday’s $9.25 opening share price would buy 108 shares which multiply the $2.40 gross gain to $259.20 for the coming year, or about 26%.

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.

PRRCF’s projected annual dividend from $1K invested is $59.90. So ProCredit Holding shows the annual dividend from $1,000 invested at a $9.25 price is near 6.5 times greater than its recent single share price.

The exact track of PRRCF’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.