Current Analysis: Maple Leaf Foods

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Maple Leaf Foods Inc (MFI.TO) (MLFNF) is a producer of food products under leading brands, including Maple Leaf®, Maple Leaf Prime®Maple Leaf Natural Selections®, Schneiders®, Schneiders® Country Naturals®, Mina®, Greenfield Natural Meat Co.®, Lightlife®, and Field Roast™.

The Company's portfolio includes prepared meats, ready-to-cook, and ready-to-serve meals, valued-added fresh pork and poultry, and plant protein products.

Its main markets are Canada, the United States, Japan, and China. The key brands are Maple Leaf and Schneiders, Maple Leaf Prime Naturally, Shopsy, Mitchell's Gourmet Food, Larse, Parm, and Hygrade.

It markets and distributes its products to retail stores, club stores, convenience stores, wholesalers, distributors, and food service operators.

Maple Leaf Foods Inc. was incorporated in 1927 and is headquartered in Mississauga, Canada.

Three key data points gauge Maple Leaf Foods Inc. or any dividend-paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three keys also best tell whether any company has made, is making, and will make money.

MFI.TO Price

Over the past year, Maple Leaf’s share price collapsed about 24.33% from $30.00 to $22.70 as of Tuesday’s market close.

If Maple Leaf shares trade in the range of $20.00 to $35.00 this next year, their recent $22.70 share price might rise to $28.00 by next year. Of course, MFI.TO price could also drop about the same $5.30 estimated amount or more.

My $5.30 upside is $2.40 under the median of one-year target prices from five analysts tracking MFI.TO for brokers.

MFI.TO Dividend

Maple Leaf Foods Inc. has paid quarterly variable dividends since December 1991. The most recent $0.22 quarterly dividend was declared on August 8th for shareholders of record on September 6th payable September 27th. A forward-looking $0.88 annual dividend yields 3.88% at Tuesday’s closing price.

MFI.TO Returns

To put it all together, a $6.18 estimated one-year gross gain per share shows up when adding MFI.TO’s  $0.88 estimated annual dividend to the estimated price upside of $5.30, equalling $6.18.

A little under $1000 buys us 44 shares at the $22.70 share price.

A $10 broker fee (if charged), paid half at purchase and half at the sale, might take about $0.23 per share out of the $6.18 annual, gross gain to give us a net gain of $5.95 X 44 shares = $261.80 for about a 26.2% estimated net gain for the year.

Furthermore, the $38.80 annual dividend income from $1K invested could be about 1.7 times more than MFI.TO’s $22.70 single share price. By these numbers, Maple Leaf Foods Inc. may be an ideal dividend dog.

You might choose to pounce on Maple Leaf Foods Inc. It is a 97-year-old dividend-paying Canadian-based packaged foods firm with almost a 33-year record paying quarterly dividends that have begun increasing annually since 2015.

The exact track of MFI.TO 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:  This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...

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