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Kyocera Corp (KYOCY) is a Japanese conglomerate whose original business consisted of manufacturing fine ceramic components; the firm has since expanded into manufacturing handsets, printers, solar cells, and industrial tools.

As a result of reorganization, the firm now consists of three major business segments: (1) core components business (29% of 2022 revenue), (2) electronic components business (19% of revenue), and (3) solutions business (53% of revenue).

The company was formerly known as Kyoto Ceramic Kabushiki Kaisha and changed its name to Kyocera Corporation in 1982.

Kyocera Corporation was incorporated in 1946 and is headquartered in Kyoto, Japan.

Three key data points gauge

Kyocera Corp 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.

KYOCY Price

Over the past year, Kyocera’s share price rose 10.8% from $12.48 to $13.83 as of Tuesday’s market close.

If Kyocera shares trade in the range of $11 to $16.00 this next year, its recent $13.81 share price might rise to $15.20 by next year. Of course, Kyocera’s price could drop about the same $1.39 estimated amount or more.

My annual upside estimate of $1.39 however, is calculated as $0.02 above the median of one-year target estimates from two analysts covering Kyocera Corp for brokers.

KYOCY Dividend

Kyocera Corp has paid variable semi-annual dividends since March 1984. Kyocera’s recent SA dividend of $0.17 was declared September 13, to shareholders of record September 28th and the payout is to be made December 12th.

The forward-looking $0.34 annual dividend yields 2.46% at Tuesday’s $13.81 share price.

KYOCY Returns

To put it all together, add Kyocera’s stated annual dividend of $0.34 to the estimated price upside of $1.39 to find a $1.73 gross gain.

At Tuesday’s $13.81 share price, a little under $1000 would buy 72 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, would cost us about $0.14 per share.

Subtracting that likely $0.14 brokerage cost from the $1.73 gross gain produces a net gain of $1.59 X 72 shares = $114.48 for an 11.5% estimated net gain on the year.

You might choose to pounce on Kyocera Corp It is a 76-year-old dividend-paying Japanese Conglomerate.  Furthermore, the estimated $24.60 annual dividend income from $1k invested is about 1.8 times greater than Kyocera’s recent $13.81 single share price.

The exact track of Kyocera Corp’s ongoing future price and dividend will be determined by market action.

Remember the true value of any stock is best realized through personal ownership of shares.

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