Standard Bank Group Thrives In Africa

Today I'm reviewing a large-cap bank - regional - Africa.

It's name is Standard Bank Group Limited It's trading ticker symbol is SGBLY. 

Standard Bank Group Ltd offers banking and financial services. The company provides Personal and Business Banking, Corporate and Investment Banking, Liberty, Central and other banking services.

The company also provides trading and risk management solutions across financial markets. In addition, it offers wealth management products and services; and online, mobile, and telephone banking services. 

As of April 9, 2018, Standard Bank Group Limited had approximately 1,200 branches and 9,000 ATMs in the African continent. 

The company was founded in 1862 and is headquartered in Johannesburg, South Africa.

I use three key data points to gauge the value of any dividend equity or fund likeStandard Bank Group Limited: 

(1) Price

(2) Dividends

(3) Returns

Besides those three, four more keys will finally unlock an equity or fund in which to invest.

But those first three primary keys, best tell whether a company has made, is making, and will make money. 

SGBLY Price

SGBLY's price per share was $15.84 at yesterday's market close. A year ago its price was $12.90 for a gain of $2.94 per share.  

Assuming Standard Bank's price will trade in the range of $10 to $20 next year, its price could make that same $2.94 gain from its current $15.84 price to $18.78 by early August 2019. 

SGBLY Dividends

Standard Bank's most recent variable semi-annual dividend was $0.42 paid April 26.

At it's recent pay rate its; 2018 annual dividend is calculated at $.7245 yielding  4.57% at yesterdays closing price.

Gains For SGBLY?

Adding the $.72 potential annual dividend to the $2.94 potential year over year price gain for SGBLY makes a $3.66 projected gross annual per share gain, which will be reduced by costs to trade the shares.  

A little under $1,000.00 invested today at the $15.84 recent price buys 63 Standard Bank shares. 

A $10 broker fee paid half at purchase and half at sale costs about $0.16 per share

Subtracting that $0.16 brokerage cost from the estimated $3.66 gross gain leaves a net gain of $3.50 X 63 shares 

= $220.50

or a 22% net gain on a $997.92 investment.

Therefore, Standard Bank Grou Limited, whose trading ticker symbol is SGBLY, now shows a possible 22% net gain including a 4.57% dividend yield. 

No analysts cover this stock:

So, there is no analyst consensus recommendation nor any price target set by the brokers. 

Y Charts has no data either. Y Charts has not yet SGBLY for an overall "Y" rating; it has "insufficient date" for a Value score, and for a Fundamental mark as well as for any  Historic Valuation score.

However, you could look at all the numbers this way, Standard Bank Group Limited has made money, is making money, and could net a 24% net gain including a 4.57% dividend yield. It could be more, it could be less.

The above speculation is based on past year performance. Actual results remain to be seen. Results could turn out to be far higher or lower. More study is required for you to determine if  Standard Bank Group Limited is worth your time and money.