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Computer Modelling Group Ltd bears the ticker symbol CMG.TO, and this is my first mention of Computer Modelling Group for this new Viking Portfolio or any of my previous seven folios.

Computer Modelling Group Ltd is a Canada-based provider of reservoir simulation software for the oil and gas industry.

Its capabilities include integrated analysis and optimization, black oil and unconventional simulation, reservoir and production system modelling, post-processor visualization, compositional simulation, thermal processes simulation, and fluid property characterization.

The firm has operations in over 60 countries in the Americas, Europe, the Middle East, Africa, and Asia-Pacific regions.

In addition, it offers professional services comprising specialized support, consulting, training, and contract research services.

The company was founded in 1978 and is headquartered in Calgary, Alberta Canada.

Three key data points gauge Computer Modelling Group Ltd 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.
 

CMG.TO Price

CMG price per share was $6.19 at Tuesday’s market close. In the past year, CMGs share price grew by $1.52 or about 32.5%.

If CMG.TO stock trades in the range of $4.00 to $7.00 this next year, its recent $6.19 share price might reach  $6.40 by next year. That upside estimate of $0.21 is about $0.05 over the median of one-year price targets pinned by 5 analysts reporting to brokers.
 

CMG.TO Dividends

Computer Modelling Group Ltd most recent quarterly dividend of $0.05 casts a forward annual yield of 3.23%.
 

CMG.TO Returns

Adding the $0.20 annual estimated Computer Modelling Group Ltd dividend to my one-year price upside estimate of $0.21 reveals a $0.41 potential gross gain estimate per share.

At Tuesday’s $6.19 closing price, a little over $1000 would buy 162 shares.

A $10 broker fee (if charged), paid half at purchase and a half at the sale, might cost us about $0.06 per share.

Subtracting that maybe $0.06 brokerage cost from my estimated $0.41 gross gain makes a net gain of $0.35 X 162 shares = $56.70 for a 5.6% net gain including a 3.23% annual dividend yield.

In the next year, our $1K investment in shares of Computer Modelling Group Ltd would generate $32.30 in cash dividends. However, a single share of CMG.TO stock at Tuesday’s $6.19 price is over 5 times less than the estimated annual dividend income from our $1000.00 investment.

So, by my dogcatcher ideal, this a good time to buy Computer Modelling Group Ltd shares based on their dividends for 2023. The current dividend from $1K invested is 5.21 times higher than the CMG.TO single share price. Consider yourself alerted.

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

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