A portfolio of stocks I'm building, named Ivy, holds 52 dividend dogs. Ivy is the fourth portfolio I've built (at a one dividend dog per week pace) since 2014. Four portfolios = IV!
Today I'm reviewing the third of five industrials sector stocks this week striving to become the eighth of eight from that sector to join the Ivy folio.
That industrials sector includes twenty-three industries all related to designing, fabricating and servicing stuff we want and use. The industrials industries range from aerospace and defense to waste management with all the transportation, business services, and equipment required in between.
Today I'm reviewing a small-cap diversified industrials concern named Toshiba Machine Co Ltd. Their trading ticker symbol is TSHMY.
Toshiba Machine Co., Ltd. is a Japan-based company that manufactures and distributes molding machineries and machine tools.
The company’s product portfolio comprises injection molding machines, die-casting machines, plastic extrusion, large-size machine tools, portal-type machine tools, machining centers, horizontal boring machines, high-precision machines, and so on.
The company’s products are applied in manufacturing of computers, automobile engines, transmissions, medical products, high-precision lenses, displays, construction machines, and wind power generation. The company has a global presence, with around half of its sales derived from overseas markets.
Toshiba Machine Co., Ltd. was founded in 1875 and is headquartered in Numazu, Japan.
I use three key data points to gauge dividend-paying equities or funds like Toshiba Machine Co Ltd:
(1) Price
(2) Dividends
(3) Returns
Besides those three, several other keys will finally unlock an equity or fund in which to invest or not.
Those three basic keys, however, best tell whether a company has made, is making, and will make money.
TSHMY Price
Toshiba's price per share closed at $9.73 yesterday. A year ago its price was $11.99. In a year its price fell $2.26 or nearly 19%.
Assuming Toshiba's stock trades in the range of $8.00 to $12.00 this year, Toshiba's recent $9.73 price could rise by $0.27 and go to $10.00 by August 2020.
TSHMY Dividends
Toshiba's latest declared semi-annual dividend was $0.1721 paid June 17th.
That $0.1721 SA payout combined with the previous one generates an annual payout of $0.34 yielding 3.47% based on yesterday's $9.73 closing price.
Gains For TSHMY?
Adding the $0.34 annual estimated dividend to my $0.27 estimate of TSHMY's price upside shows a $0.61 potential gross gain, per share, which will be reduced by costs to trade these shares.
Say we put a little over $1,000.00 today at the $9.73 recent stock price, we'd buy 103 Toshiba Machine Co Ltd shares.
A $10 broker fee paid half at purchase and half at sale will cost us $0.10 per share.
Subtract that $0.10 brokerage cost from the estimated $0.61 gross estimated gain leaves a net gain of $0.51 X 103 shares = ($52.53) or a 5.25% net gain on a $1,002.19 investment.
Therefore, Toshiba Machine Co Ltd whose trading ticker symbol is TSHMY now shows a possible net gain of 5.25% including a 3.47% dividend yield.
No brokers track Toshiba Machine Co Ltd stock:
No arguments.
The consensus score of 3.0 equates to "Hold." No comment.
Our Look at Toshiba Machine Co Ltd shows it has made money, is making money, and could net a 5.25% gain including its 3.47% dividend yield. It could be more, it could be less.
The above speculation is based on past year performance. The actual results remain to be seen to learn if Toshiba Machine Co Ltd is worth your time and money.
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