Image Source: Unsplash

Betsson AB (OTCPK:BTSBF) is a holding company that invests in and manages companies operating in the online gaming industry.

Their products consist of casino and sports betting. The largest category of the casino is slots, i.e. virtual slot machines, followed by the live casino, which provides the player with a virtual, real-life-like casino experience with table games broadcast live from the game provider's studio.

Company brands include either the entire product portfolio, such as Betsson, Betsafe and Nordicbet, or just one product, such as Racebets (betting on horses) and Jalla Casino (casino).

The brands’ services are offered through a proprietary platform that manages payments, customer information, accounts, transactions and the range of games on offer.

The company was founded in 1963 and is based in Stockholm, Sweden.

Three key data points gauge Betsson 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.

BTSBF Price

Over the past year, Betsson’s share price fell about 3.5% from $9.85 to $9.50 as of Friday’s market close. In the past two years the company’s share price has never been less than $7.70 nor higher than $10.05

If BTSBF shares trade in the range of $8.00 to $10.00 this next year, the recent $9.50 share price might rise by $0.40 to $9.90 in a year. Of course, BTSBF price could also drop about the same $0.40 estimated amount, or more.

My $0.40 upside estimate is $0.34 below the average annual BTSBF price gains over the past two years.

BTSBF Dividend

Betsson has paid semi-annual variable dividends since June 2023. The most recent $0.36 SA dividend was declared March 1st for shareholders of record September 9th and is payable October 3rd. A forward looking $0.71 annual dividend yields 7.47% at Friday’s closing price.

BTSBF Returns

Putting it all together, a $1.11 estimated one year gross gain per share shows up when adding Betsson’s  $0.71 estimated annual dividend to the estimated price upside of $0.40, equaling that $1.11 gross gain per share.

A little under $1000 buys us 105 shares at the $9.50 share price.

A $10 broker fee (if charged), paid half at purchase and half at sale, might take about $0.095 per share out of the $1.11 annual estimated gross-gain to give us a net gain of $1.015 X 105 shares = $106.58 for about a 10.5% estimated net gain for the year.

Furthermore, the $74.70 annual dividend income from $1K invested is over 15 times more than Betsson’s $9.50 single share price. By these numbers, Betsson may be an ideal dividend dog.

You might choose to pounce on Betsson AB. It is a 61 year-old semi-annual dividend-paying Stockholm-based online gambling  platform with a 2 year record paying semi-annual dividends.

The exact track of BTSBF 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.

More By This Author:

Current Report Timbercreek Financial
Current Report: First National Financial
Current Report: Firm Capital Mortgage