Every New York stock exchange trading day I'm posting a daily dividend stock or fund review. I'll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I've named the Safari to Sweet Success.
This week my Safari portfolio seeks a company in the basic materials sector.
That sector has companies that mine or manufacture basic commodities, specifically: agricultural inputs, aluminum; building materials, chemicals, coal, copper, gold, industrial metals, lumber & wood, paper, silver, specialty chemicals, and steel.
Today I'm reviewing a Steel company named Eregli Demir ve Celik Fabkalari T.A.S. Its trading ticker symbol is ERELY.
Eregli Demir is a steel company. It manufactures iron and steel rolled products, alloyed and non-alloyed iron, steel and pig iron castings, cast and pressed products, coke and their by-products.
In addition, the company offers port services, such as loading and unloading, maritime, third party, warehouse, liquid and solid waste collection, maritime police, and customs with customs enforcement services. The company was founded in 1960 and is headquartered in Istanbul, Turkey.
I use three primary keys to gauge dividend equities or funds like Eregli Demir (ERELY):
(1) Price
(2) Dividends
(3) Returns
ERELY Price
Eregli Demir's price at Thursday's market close was $11.39 per share. The company has made money for investors. One year ago its price was $7.64. So it's a gained$3.75 per share in the past year. If ERELY does as well in 2018 its price will increase from $11.39 to $15.14 per share or about 33 %.
ERELY Dividends
Eregli Demir's most recent annual dividend was $0.55 declared in April, and paid out April 21st.
The annual dividend for 2018 is estimated at $0.55 payable in portions paid out in April.
The yield from a $0.55 dividend will be 4.8% at yesterday's $11.39 price
Gains For ERELY?
Adding the $0.55 dividend to my $3.45 estimated year over year price gain shows a potential $4.00 gross gain for the coming year.
But there are costs to trade Eregli Demir shares. A$1,000.00 at Thursday's $11.39 closing price would buy of 88 shares.
Those 88 shares will be hit with a broker fee of $5 at purchase and another $5 at sale for a brokerage cost of about $0.114 per share
Subtracting that $0.114 brokerage cost from the estimated $4.00 gross gain shows a net gain to 2019 of $3.89 X 88 shares = $341.97or about a 34% net gain on our $1,002.32 investment.
Therefore, Eregli Demir (whose ticker symbol is ERELY), shows a possible 34% gain by my simple year over year calculation with a 4.8% dividend baked in.
No analysts cover this stock but its price trajectory over the past three years has been upward.
These forward-looking numbers are conjecture based on past year performance. The actual results remain to be seen.They could turn out to move lower. More study is required for you to determine if Eregli Demir ve Celik Fabkalari T.A.S. (ERELY) is worth your time and mone.
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