Summary Report: Megaworld
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TM Editor's Note: This article discusses one or more penny stocks and/or microcaps. Such stocks are easily manipulated; do your own careful due diligence.
Megaworld Corp (MGAWY) was incorporated in 1989 and is based in Taguig City, the Philippines.
It is engaged in the development of large-scale mixed-use planned communities, or community townships, that comprise residential, commercial and office developments and integrate leisure, entertainment, and educational/training components.
It has three primary business segments:
(i) real estate sales of residential developments,
(ii) leasing of office space, primarily to Business Process Outsourcing (BPO) enterprises and retail space, and
(iii) management of hotel operations.
Furthermore, three key data points gauge MGAWY or any dividend-paying entity, namely:
(1) Price
(2) Dividends
(3) Returns
Those keys also indicate if any company has made, is making, and will make money.
MGAWY Price
Megaworld's share price jumped up 14.4% from $6.27 to $7.17 in the past year.
MGAWY Dividends
Megaworld has paid variable annual dividends since August 2015.
The current forward-looking annual dividend of $0.28 yields 3.91% per Monday’s $7.17 closing price.
MGAWY Returns
Putting it all together, a $1.18 estimated gross gain per share shows up when adding Megaworld Corp's annual $0.28 dividend to an estimated $0.90 annual price gain.
A little over $1000 invested at the recent $7.17share price would buy nearly 140 shares which, multiply the $1.18 gross gain to an estimated $164.57 for the coming year.
Furthermore, about 24% of that $165.00 gain comes from the $39.10 in annual dividends generated from a $1,000 investment.
Besides, the $39.10 annual dividend amounts to almost 5.5 times more than the recent $7.17 single-share price.
(A dividend dogcatcher rule is to only buy a stock that pays an annual dividend from $1000 invested that is greater than the cost of a single share.)
Therefore, you may choose to pounce on MGAWY and its 3.91% dividend yield along with its 10-year dividend record, except for 2020.
The exact track of MGAWY’s future share price 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 ...
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