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Société Générale Société anonyme (SCGLY) provides banking and financial services to individuals, businesses, and institutional investors in Europe and internationally.

It operates through French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions. 

It was historically viewed as primarily a corporate and investment bank, but it has meaningful retail banking operations in France, Eastern Europe, Russia, and North Africa.

Société Générale Société anonyme was incorporated in 1864 and is headquartered in Paris, France.

Three key data points gauge Societe Generale SA 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.

SCGLY Price

Over the past year, Societe Generale SA share price fell about 2% from $5.30 to $5.19 as of Wednesday’s market close.

If SCGLY trades in the range of $4.00 to $8.00 this next year, its recent $5.19 share price might rise to $6.80 by next year. Of course, SCGLY’s price could drop about the same $1.61 estimated amount, or more.

My annual upside estimate of $1.61 however, reflects the median of price targets from two analysts who track the stock for brokers.

SCGLY Dividend

Societe Generale SA has declared variable annual dividends since April, 2003. SCGLY most recent annual dividend of $0.36 was declared February 15, 2023 to shareholders of record May 25th. The payout was made June 16th.

A forward looking $0.36 annual dividend yields 6.94% at Wednesday’s $5.19 share price.

SCGLY Returns

To put it all together, add the estimated annual dividend of $0.36 to the estimated price upside of $1.61 to find a $1.97 gross gain.

At Wednesday’s $5.19 share price, a little over $1000 would buy 193 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, would cost us about $0.05 per share.

Subtracting that likely $0.05 brokerage cost from the $1.97 gross gain produces a net gain of $1.92 X 193 shares = $370.56 for a 37% estimated net gain.

You might choose to pounce on Societe Generale SA It is a 160 year-old Paris-based European diversified bank.

Furthermore, the estimated $69.40 of annual dividend income from $1k invested is over 13 times greater than SCGLY’s recent $5.19 single share price.

The exact track of Societe Generale SA 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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