Singapore Airlines Ltd, bearing the ticker symbol (SINGY), has never yet been mentioned as a candidate for any of my previous seven dog of the week portfolios. This is its first mention as candidate for the thirty-fourth selection for my Viking folio, the eighth such.

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Singapore Airlines is Singapore's flagship carrier and one of the region’s largest airlines in revenue and carrying capacity.

The company’s hub is Changi Airport, providing regional and cross-continental passenger and cargo services destined to or transit through Singapore.

The company operates under dual brands: the premium carrier, SIA, coupled with its wholly owned subsidiary, and the low-cost regional carrier Scoot.

It also owns stakes in SATs and SIA Engineering.

Three key data points gauge Singapore Airlines Ltd 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.

SINGY Price

Singapore’s price per share was $9.59 at Monday’s market close. In the past year, its share price rose about 23% from $7.81 to today’s $9.59.

If Singapore’s stock trades in the range of $6.00 to $12.00 this next year, its recent $9.59 share price might get up to $11.00 by next year. Of course, Singapore Air’s price could go down about the same $1.41 amount or more.

My upside estimate of $1.41  is

$0.37 under the company’s  $1.78 past year stock price increase.

SINGY Dividend

Singapore’s recent $0.417 Semi-Annual dividend equates to $0.57 annually to yield 5.91% at Monday’s closing price.

SINGY Returns

Adding the $0.57 projected annual dividend to my estimated $1.41 estimated price gain, reveals a $1.98 potential gross gain per share for the coming year.

At Monday’s $9.59 closing price, a little under $1000 would buy 104 shares.

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

Subtract that maybe $0.10 brokerage cost from my estimated $1.98 gross gain per share makes a net gain amount of $1.88 X 104 shares = $195.525 or a 19.5% net gain.

In the next year our $1K investment in shares of SINGY could generate about $59.10 in dividends. Furthermore, a single share of SINGY stock at Monday’s $9.79  closing price is over six times less than the income estimated from $1000.00 invested.

So, by my dogcatcher ideal, this is a prime time to consider Singapore Airlines Ltd based on its estimated dividends for 2023. The dividend from $1k invested is about 6.04 times greater than Singapore’s single-share price. Consider yourself alerted.

This may be time to pounce on SINGY but beware, its price is volatile, yet growing.

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

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