Hon Hai Precision Industry Co Ltd bears the ticker (HNHPF) and has been mentioned in one previous December discussions as a candidate for my Viking portfolio.

 Hon Hai

Hon Hai Precision is the world's largest contract manufacturer of consumer electronics, communications, and computer products.

It is the biggest supplier to Apple, whose business accounts for 50% of overall revenue. Hon Hai is also involved in the production of upstream components such as electronic connectors, semiconductor packaging, industrial robots, and metal casings for smartphones.

These upstream activities are mainly conducted through its listed majority-owned subsidiaries Foxconn Industrial Internet, FIH Mobile, Foxconn Interconnect Technology, and ShunSin Technology.

The company was founded in 1974 and is headquartered in New Taipei City, Taiwan.

Three key data points gauge Hon Hai Precision or any dividend-paying firm. They are:

(1) Price

(2) Dividends

(3) Returns

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

HNHPF Price

Hon Hai’s price per share was $6.67 at Thursday’s market close. In the past year, Hon Hai’s share price stayed unchanged.

If Hon Hai’s stock trades in the range of $5 to $10.00 this next year, its recent $6.67 share price might rise to $6.77 by next year. It could go down about the same amount.

My upside estimate of $0.10 is equal to the average annual price gain of $0.10  Hon Hai has achieved over the past twenty-five years. No analysts cover Hon Hai’s stock for brokers. So average upside/downside is the best default indicator.

HNHPF Dividend

Hon Hai Precision Industry Co Ltd annual dividend was declared by YCharts to be $0.3473 as of its most recent August 4, 2022 payout to shareholders of record July 13.

HNHPF Returns

Adding the $0.35 expected annual dividend to my $0.10 estimated price upside, reveals a $0.45 potential gross gain per share for the coming year.

At Thursday’s $6.67 closing price, a little over $1000 would buy 150 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us about $0.07 per share.

Subtract that maybe $0.07 brokerage cost from my estimated $0.45 gross gain estimate makes a net amount of $0.38 X 150 shares = $57.00 or a 5.7% net gain.

In the next year our $1K investment in shares of HNHPF could generate about $52.10 in dividends. Furthermore, a single share of HNHPF at Thursday’s $6.67 price is almost 8 times less than the income estimated from $1000.00 invested.

So, by my dogcatcher ideal, this a good time to consider HNHPF shares, based on their dividends for 2023. The dividend from $1k invested is 7.8 times greater than HNHPF’s single-share price. Consider yourself alerted.

All of the estimates above are speculation based on the past history of investment in shares of Hon Hai Precision Industry Co Ltd. Only time and money invested in this stock will determine its future market value.

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