Stock Analysis: KBC Groupe
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Here is a short report on the third of five Financial Sector candidates for the 31st selection to my Attention portfolio.
My Wednesday, May 7 Dog of the Day at 10AM is KBC Groupe with the ticker (KBCSY). This one has not been reviewed for any of my past ten years of dog of the week portfolios.
KBC was formed in 1998 by the merger of Belgian commercial bank Kredietbank, cooperative farmers bank CERA Bank, and cooperative insurer ABB Verzekering. KBC offers banking, insurance, and investment products.
Belgium and the Czech Republic account for the most of KBC's profits, while the bank has smaller operations in Hungary, Slovakia, and Bulgaria.
Three key data points gauge KBC Groupe or any dividend paying entity:
(1) Price
(2) Dividends
(3) Returns
Those keys also show if any company has made, is making, and will make money.
KBCSY Price
KBC Groupeprice is up 26.87% for the year as of May 5th’s market price, moving from $36.70 to $46.56.
KBCSY Dividends
KBC Groupe has paid variable semi-annual dividends since May, 2017. The latest forward looking annual dividend of $3.62 yields 7.77% per May 5th’s market price.
KBCSY Returns
Putting it all together, a $7.82 estimated gross gain per share shows up by adding KBCSY’s annual $3.62 dividend to an estimated $4.20 average annual price gain over the past five years, totaling that $7.82 gross gain amount.
A $1000 investment at the recent $46.56 price would buy 21.5 shares which, multiplies the $7.82 gross gain to $168.13.
Furthermore near 46% of that gain comes from the $77.20 in dividends estimated from a $1,000 investment. And that $77.20 is near 1.66 times greater than the recent $46.56 share price.
(A dividend dogcatcher rule is to never buy a dividend from $1000 invested that pays less than the cost of a single share.)
Therefore, you may choose to pounce on KBC Groupe (KBCSY) dividend payment with its 8 year dividend record.
The exact track of KBCSY’s future prices and dividends will entirely be determined by market action and company finances.
Remember the best way to track stock performance and dividend payments is through direct ownership of company shares.
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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...
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