Current Analysis: ChipMOS TECHNOLOGIES
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ChipMOS TECHNOLOGIES Inc (IMOS) is engaged in the research, development, manufacturing, and sale of high-integration and high-precision integrated circuits and related assembly and testing services.
The company’s segments include Testing, Assembly, Testing, and Assembly for LCD, OLED, and other Display Panel Driver Semiconductors (LCDD), Bumping, and others.
The Company derives a majority of its revenue from Taiwan followed by Japan, the People's Republic of China, Singapore, and others.
ChipMOS TECHNOLOGIES INC. was incorporated in 1997 and is headquartered in Hsinchu City, Taiwan.
Three key data points gauge ChipMOS or any dividend-paying firm.
The key three are:
(1) Price
(2) Dividends
(3) Returns
Those three basic keys best tell whether any company has made, is making, and will make money.
IMOS Price
Over the past year, ChipMOS's share price rose over 12.4% from $24.99 to $28.10 as of Monday’s market close.
If ChipMOS shares trade in the range of $22.00 to $32.00 this next year, its recent $28.10 share price might rise to $29.00 by next year. Of course, ChipMOS's price could drop about the same $0.90 estimated amount or more.
My annual upside estimate of $0.90 however, is almost in line with the average of ChipMOS’s one-year stock price upsides over the past five years.
IMOS Dividend
ChipMOS TECHNOLOGIES Inc. has paid variable annual dividends since November 2018. ChipMOS most recent A dividend of $1.50 was declared May 23rd for shareholders of record June 29th and the payout was made July 27, 2023
A forward-looking $1.50 annual dividend yields 5.34% at Monday’s $28.10 share price.
IMOS Returns
To put it all together, add the ChipMOS estimated annual dividend of $1.50 to the estimated price upside of $0.90 to find a $2.40 estimated gross gain for the coming year.
At Monday’s $28.10 price, a little over $1000 would buy 36 shares.
A $10 broker fee (if charged), paid half at purchase and half at sale, would cost us about $0.28 per share.
Subtracting that likely $0.28 brokerage cost from the $2.40 gross gain reveals a net gain of $2.12 X 36 shares = $76.32 for a 7.5% estimated net gain on the year.
You might choose to pounce on ChipMOS TECHNOLOGIES Inc. It is a 27-year-old dividend-paying Hsinchu City, Taiwan-based Integrated circuit assembly and testing firm. Furthermore, its estimated $53.40 annual dividend income from $1k invested is 1.8 times greater than ChipMOS’s recent $28.10 share price.
The exact track of ChipMOS TECHNOLOGIES Inc's ongoing future price and dividend will entirely be determined by market action.
Remember the true value of any stock is best realized through personal ownership of shares.
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Disclaimer:
Disclosure: This article was compiled by Rydlun & Co., LLC from data derived from www.ycharts. com; www.finance.yahoo.com; analyst median target price by ...
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