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

Evertz

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.

EVTZF Price

Over the past year, Evertz’s share price fell about 5.3% from $10.58 to $10.02 as of Monday’s market close.

If Evertz’s stock trades in the range of $9.00 to $12.00 this next year, its recent $10.02 share price might rise to $10.30 by next year. Of course, Evertz’s price could drop about the same $0.28 amount, or more.

My upside estimate of $0.28, however, is just over the $0.23 average annual gains over the past three years.

EVRTZF Dividend

Evertz’s most recent variable dividends have been paid quarterly. It’s most recent dividend, Paid July 6, was 0.1439.   Evertz Q dividend has varied between $0.07 and $0.79 in the past seven years. The current annual payout is calculated as $0.58 yielding 5.74%

EVTZF Returns

Adding the $0.58 anticipated annual dividend to Evertz’s estimated $0.28 price upside, reveals a $0.86 potential gross gain per share for the coming year.

At Friday’s $10.02 closing price, a little over $1000 would buy 100 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us about $0.10 per share.

Subtracting that maybe $0.10 brokerage cost from my estimated $0.86 gross gain per share makes a net gain amounting to $0.76 X 100 shares = $76.00 for about a 7.6% net gain.

This may be the time to pounce on Evertz Technologies Ltd. But beware, Evertz Technologies Inc’s Q dividend is variable. Also, its price is recovering from a recent all-time low of $8.05 as of April 4, 2023, after achieving an all-time high of $19.19 back on February 5, 2011. So, expect little change in both price and dividend from Evertz Technologies Ltd.

The foregoing article is based on past history of Evertz Technologies Ltd. The only accurate measure of future performance is from active investment in the company.

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