Daily Stock Report: Taitron Components (TAIT)

The portfolio of stocks I started building September 8, at a one stock per week pace for the next year, is named Vista.  I will select its sixteenth stock this weekend. Vista is the sixth portfolio I've built (at a one dividend dog per-week pace) since 2014. Six portfolios = VI for Vista!

Vista is planned to Look Ahead for Outstanding, Proven, Dividend Winners. (Like Aristocrats)

Today I'll review the first of four technology sector stock candidates vying to be that seventeenth selection in Vista.

Today we look at a nano-cap electronics and computer distribution company named Taitron Components Inc. Its trading ticker symbol is TAIT.  This is my first report on Taitron Components Inc for Vista or any of my previous five portfolios.

Taitron Components Inc is a supplier of electronic components. The company focuses on providing original equipment manufacturers (OEMs), contract electronic manufacturers (CEMs) and originally designed and manufactured (ODM) services for various projects. Taitron Components Incorporated was founded in 1989 and is headquartered in Valencia, California.

It operates through two divisions namely Taiwan and China. The Taiwan division supports overseas customers, inventory sourcing, purchases, and product manufacturing. Its China division serves as the engineering center responsible for designing circuits, arranging pre-production scheduling and mass production. 

The company's products range from discrete semiconductors through small electronic devices. It generates revenue through the sale of its products in the United States, South Korea, China, Taiwan, and internationally.

The company has strategic alliances with Teamforce Co. Ltd.; Grand Shine Management Limited; and Zowie Technology Corporation. 

I use three key data points to gauge dividend equities or funds like Taitron Components Inc (TAIT):

(1) Price

(2) Dividends

(3) Returns

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

TAIT Price

Taitron's price per share closed at $3.07 Thursday. A year ago its price was $2.84. Price is up $0.23 or about 8% on the year.

If Taitron Components Inc stock trades in the range of $2 to $5 this next year, its recent $3.07 price might rise by $0.43 to reach $4.50 by December 28, 2021. 

TAIT Dividends

Taitron's most recently declared Quarterly dividend was $0.04 paid November 30th. Dividends are estimated to total $0.16 per share annually and yield 5.21% at Thursday's $3.07 closing price.

TAIT Gains?

Adding the $0.16 annual anticipated dividend to my $0.43 optimistic price upside shows a $0.59 potential gross gain, per share, to be reduced by any costs to trade the shares.  

Put little over $1,000.00 today in Taitron Components Inc at $3.07 and we'd buy 326 shares TAIT stock.

A $10 broker fee (if any) paid half at purchase and half at sale could cost us  about $0.03 per share.

Subtract that maybe $0.03 brokerage cost from my estimated  $0.59 gross gain per share results in a net gain of $0.56 X 326 shares = $184.84 for a 18.5% net gain on a $1,000.82 investment.

So it goes that Taitron Components Inc (TAIT) shows a possible 18.2% net gain including a 5.21% dividend yield. It could be more, it could be less.

All of the estimates above are speculation based on the past history of Taitron Components Inc (TAIT).  Only time and money invested in this stock will determine its worth.

Disclaimer:   This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...

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