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Asseco Poland SA (ASOZF) is the Polish subsidiary of the multinational Asseco Group, which has a presence in Europe and Israel.

The firm develops sector-specific software for banking and finance, and executes large IT projects for healthcare, insurance, and other sectors in public administration.

Asseco's flagship product for the banking sector is the comprehensive IT suite def3000, used by financial institutions in Poland. The firm also provides IT consulting, systems integration, and implementation services for large and midsize industrial enterprises.

A large majority of the firm's revenue is generated through proprietary software licenses from Polish institutions.

The company was formerly known as Softbank S.A. and changed its name to Asseco Poland S.A. in January 2007.

Asseco Poland S.A. was incorporated in 1989 and is based in Rzeszów, Poland.

Three key data points gauge

ASOZF or any dividend paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

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

ASOZF Price

Over the past year, Asseco Poland share price remained unchanged at $17.78 as of Friday’s market close.

In the past 10 years, the company’s share price has never been less than $13.91 nor higher than $21.65.

If shares trade in the range of $16.00 to $20.00 this next year, the recent $17.78 share price might grow to $18.00. Of course, ASOZF price could also drop about the same $0.22 estimated amount or more.

My $0.22 price upside estimate is  just an estimate that could go either direction, up or down.
 

ASOZF Dividend

Asseco Poland has paid variable annual dividends since June 2011. The company's most recent dividend of $0.91 was declared on March 27 for shareholders of record on June 20 and the payout (their highest ever) was made on June 28th.

The $0.91 dividend yields of 5.12% annually at the current price
 

ASOZF Returns

Putting it all together, a $1.13 estimated annual gross gain per share shows up by adding ASOZF’s annual $0.91 dividend to the estimated price upside of $0.22, making that $1.13 gross gain.

Slightly over $1000 buys 56 shares at Fridays $17.78 price.

A $10 broker fee (if charged), paid half at purchase and half at sale, could take about $0.18 per share out of the $1.13 gross-gain to give us a net gain of $0.95 X 58 shares = $55.10 for about a 5.5% estimated net gain for the year.

Furthermore, the $51.20 annual dividend paid from $1k invested is almost 3 times more than the $17.78 single share price. By these numbers, ASOZF might be an ideal dividend dog.

Thus, you might choose to pounce on Asseco Poland SA.  It is a 41 year-old annual dividend-paying Poland-based  information technology service with a 13-year dividend record.

The exact track of ASOZF’s future price and dividend will entirely be determined by market action and company finances.

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

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