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Evertz Technologies Ltd (ET.TO) is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries.

Evertz equipment is used in the production, post-production, and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers looking to support multi-channel digital and high-definition television, and next-generation Internet Protocol environments.

More than half of the firm's revenue is generated in the United States.

Evertz Technologies Limited was founded in 1966 and is headquartered in Burlington, Canada.

Three key data points gauge Evertz Technologies Ltd or any dividend-paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

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

ET.TO Price

Over the past year, Evertz’s share price fell about 4.8% from $12.85 to $12.23 as of Monday’s market close.

If ET.TO stock trades in the range of $10.00 to $18.00 this next year, its recent $12.23 share price might rise to $16.00 by next year. Of course, Evertz’s price could drop about the same $3.77 estimated amount or more.

My upside estimate of $3.77, however, is over $0.67 lower than the median of one-year target prices estimated by three analysts covering Evertz for brokers.

ET.TO Dividend

Evertz Technologies Ltd has paid quarterly dividends increasing roughly annually since October 25, 2007. Evertz’s most recent Q dividend, payable September 29th to shareholders of record September 21st, is $0.19. An annual return of $0.76 casts a forward yield of 6.21% per Monday’s closing price.

ET.TO Returns

Add the $0.76 anticipated annual dividend to Evertz’s estimated $3.77 possible price upside, revealing a $4.53 potential gross gain per share for the coming year.

At Monday’s $12.23 closing price, a little over $1000 would buy 82 shares.

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

Subtracting that maybe $0.12 brokerage cost from my estimated $4.53 gross gain per share makes a net gain of $4.41 X 82 shares = $361.62 or about a 36.1% net gain.

This could be time to pounce on Evertz Technologies Ltd shares. But beware, ET.TO is a 57-year-old Video Technology firm paying Q dividends for the past sixteen years. However, the estimated $62.10 dividend from $1000 invested comes in at over 5 times more than the recent $12.23 single share price. The choice is yours. The dividend from $1K invested exceeds the single share price by more than 5 times.

Remember the true value of any stock is best realized by your personal ownership of shares.

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