Banco Bilbao Vizcaya Agentaria SA bears the ticker symbol (BBVA), and this is my first mention of BBVA for this new Viking Portfolio or for any of my previous dog of the week folios.

Despite its Spanish origins, BBVA generates three quarters of its profits in emerging markets, especially Mexico that contributes nearly half of BBVA's net profit.

BBVA is overwhelmingly a retail and commercial bank with corporate and investment banking forming a smaller part of the overall business.

It operates in Spain, Mexico, South America, the United States, Turkey, Asia, and rest of Europe.

Banco Bilbao Vizcaya Argentaria, S.A. was founded in 1857 and is headquartered in Bilbao, Spain.

At Friday’s $7.45 closing price, a little under $1000 would buy 134 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us about $0.075 per share.

Subtract that maybe $0.075 brokerage cost from my estimated $0.70 gross gain makes a net gain of $0.625 X 134 shares = $83.75 for a 8.38% net gain including the 6% annual dividend yield.

In the next year our $1K investment in shares of Banco Bilbao Vizcaya Agentaria should generate $60.40 in cash dividends. Furthermore, a single share of BBVA at Friday’s $7.45 price is over 8 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 Banco Bilbao Vizcaya Agentaria SA shares, based on their dividends for 2023. The current dividend from $1K invested is 8.11 times higher than the BBVA single share price. Consider yourself alerted.

Now is the time to consider BBVA  shares.

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

More By This Author:

Stock Analysis: LTC Properties (LTC)
Stock Analysis: Gaming And Leisure Properties
Stock Analysis: Realty Income