Photo by Joshua Mayo on Unsplash
 

Sydbank A/S, bearing the ticker symbol SYANY, has never been reviewed for any of my previous dog of the week portfolios. This is the very first mention of Sydbank in my Viking portfolio.

Sydbank A/S is a Danish bank operating primarily in Denmark and with some exposure to Northern Germany. The bank operates through five business segments: Banking, Asset Management, Sydbank Markets, Treasury, and Others.

The bank provides various banking and financial advisory services such as mortgage credit, retail banking, investment banking, corporate banking, international banking, and asset management.

A vast majority of Sydbank's net revenue is derived from its banking segment, which includes net interest and fee income from retail and corporate clients. The company earns the majority of its revenue in Denmark

The company was founded in 1970 and is headquartered in Aabenraa, Denmark.

Three key data points gauge Sydbank A/S 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.
 

SYANY Price

Sydbank’s price per share was $9.23 at Thursday’s market close. In the past year, its share price rose from $8.00 to its current $9.23 or 15.375%.

If Sydbank’s stock trades in the range of $8.00 to $12.00 this next year, its recent $9.23 share price might rise to $11.50 by next year. It could go down about the same amount.

My upside estimate of  $2.27 is less than the average annual increase over the past three years.
 

SYANY Dividend

Sydbank’s recent $0.4862 A dividend yields 5.27% at Thursday’s closing price.
 

SYANY Returns

Adding the $.49 projected annual dividend to my $2.27 estimated price upside reveals a $2.76 potential gross gain per share for the coming year.

At Thursday’s $9.23 closing price, a little under $1000 would buy 108 shares.

A $10 broker fee (if charged), paid half at purchase and half at the sale, might cost us about $0.09 per share.

Subtracting that maybe $0.09 brokerage cost from my estimated $2.76 gross gain estimate makes a net amount of $2.67 X108 shares = $288.36 or a 29% net gain.

In the next year, our $1K investment in shares of SYANY could generate about $52.70 in dividends. Furthermore, a single share of Sydbank A/S at Thursday’s $9.23 price is over 5 times less than the income estimated from $1000.00 invested.

So, by my dogcatcher ideal, this is a time to consider Sydbank A/S based on its estimated dividends for 2023. The dividend from the $1k invested is 5.7 times greater than SYANY’s single-share price. Consider yourself alerted.

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

More By This Author:

Daily Stock Analysis: Carlyle Secured Lending
Daily Stock Analysis: Banco Santander Mexico
Daily Stock Analysis: Banco De Chile