Current Report: PT Astra International (PTAIY) Could Gain 34.2% This Year

Source: DepositPhotos

The company was founded in 1957 and is headquartered in Jakarta, Indonesia.

PT Astra International (PTAIY)  provides mining, transportation, agriculture, and construction services. It operates in seven segments: Automotive; Financial Services; Heavy Equipment, Mining, Construction, and Energy (HEMCE); Agribusiness; Infrastructure and Logistics; Information Technology; and Property.

Three key data points gauge PTAIY (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.

PTAIY Price

PT Astra’s single share price fell $0.10 (or about 1.8%) from $5.54 to $5.44 in the past year, per Tuesday’s morning market report.

No analysts cover the stock. However, the past two years' price history shows an average $1.20 annual price gain, which I’ll use for its annual return, after I discuss dividends.  

PTAIY Dividends

PT Astra International has paid semi-annual dividends since July, 2010.

The recent SA dividend of $0.33 was paid June 15th (to shareholders on record as of June 6th) and that annual payout yields a forward looking 12.24% (per Tuesday’s opening market report.}

PTAIY Returns

Putting it all together, as of June 19th, a possible gross gain of $1.86 was projected. The $1.20 per share historic annual gain was added to the $0.66 forward looking annual dividend to equal a $1.86 gross gain.

A little over $1000 invested in PTAIY at Tuesday’s $5.44 opening share price would buy 184 shares, which would multiply the $1.86 gross gain to $341.91 for the coming year, or about 34.2%.

My dividend dogcatcher rule is to only buy initial shares of a dividend stock that pays an annual dividend (from $1000 invested) that is greater than the cost of one share.

PTAIY’s projected annual dividend from $1K invested is $122.40. So, PT Astra International shows a dividend from $1,000 invested is 22.5 times greater than its $5.44 single share price.

The exact track of PTAIY’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.