Stock Analysis: Hosiden Corp

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Hosiden Corp bears the ticker symbol HOIEF, and this is my first mention of Hosiden Corp for this new Viking Portfolio, or for any of my previous seven dog of the week folios.

Hosiden Corp is a Japanese electronic parts and equipment manufacturer. The company offers its product through four segments, Electromechanical Components, Acoustic Components, Display Components, and Allied Equipment and Others.

Its product portfolio includes connector, switch, acoustic parts, and touch panel that are also used in various electronic devices. It derives the majority of its revenues from its Electromechanical Components segment which mainly includes electrical parts.

The company products are used in automotive, Internet of Things, Home and mobile, and audio-visual applications.

Hosiden Corporation was incorporated in 1950 and is headquartered in Yao, Japan.

Three key data points gauge HOIEF, or any dividend paying firm:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money.

HOIEF Price

Hosiden Corp price per share was $12.40 at Tuesday’s market close. In the past year, HOIEF share price increased by $2.45, or about 24.6%.

If HOIEF stock trades in the range of $9.00 to $14.00 this next year, its recent $12.40 share price might reach $13.00 by next year. That upside estimate of $0.60 is $0.10 under the average past ten year’s annual price upsides.

Hosiden Corp’s most recent semi-annual dividend of $0.335 casts a forward annual yield of 5.16%.

HOIEF Returns

Adding the $0.64 annual estimated

HOIEF dividend to my one-year price upside estimate of $0.60 reveals a $1.24 potential gross gain estimate per share.

At Tuesday’s 12.40 closing price, a little over $1000 would buy 81 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us about $0.12 per share.

Subtract that maybe $0.12 brokerage cost from my estimated $1.24 gross gain makes a net gain of $1.12 X 81 shares = $90.72 for a 9% net gain including the 5.16% annual dividend yield.

In the next year our $1K investment in shares of Hosiden Corp could generate $51.60 in cash dividends. Furthermore, a single share of HOIEF at Tuesday’s $12.40 price is about 4 times less than the estimated annual dividend income from our $1000.00 investment.

So, by my dogcatcher ideal, this is a proper time to buy Hosiden Corp shares, based on their dividends for 2023. The current dividend from $1K invested is 4.16 times higher than the HOIEF single share price. Consider yourself alerted.

Now is the time to consider HOIEF shares.

All of the estimates above are speculation based on the past history of investment in shares of Hosiden Corp. Only time and money invested in this stock will determine its future market value.

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