Bezeq The Israeli Telecommunication Corp Ltd, bears the ticker symbol BZQIY, and this is my first mention of Bezeq for this Viking Portfolio or any of my previous seven dog of the week portfolios.

Bezeq The Israeli Telecommunication Corp Ltd is a triple-play telecommunications company. The company generates revenue through the provision of mobile, broadband, and data. It operates through four business segments: Bezeq, Pelephone, Bezeq International, and DBS Satellite Services.

The Bezeq segment generates revenue from fixed-line communications and contributes the majority of overall company revenue.

Pelephone derives revenue from the provision of mobile services.

Bezeq International and DBS Satellite Services produce revenue from the provision of Internet services and satellite TV services, respectively.

The company owns telecommunications infrastructure, such as fiber networks. It generates the vast majority of its revenue in Israel.

The company was founded in 1980 and is based in Holon, Israel.

Three key data points gauge Bezeq, or any dividend-paying firm. They are:

(1) Price

(2) Dividends

(3) Returns

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

BZQIY Price

Bezeq’s price per share was $5.69 at Friday’s market close. In the past year, Bezeq’s share price sank $1.91 or 25%.

If Bezeq stock trades in the range of $4.00 to $10.00 this next year, its recent $5.69 share price might rise to $6.00 by next year. My upside estimate of $0.31 could  just as easily move to the downside. There is no analyst coverage of Bezeq stock

BZQIY Dividend

Bezeq’s most recent semi-annual dividend of $.1493 paid-out October 15 to shareholders of record September 23 , 2022.

BZQIY Returns

Adding the $.30 annual estimated

BZQIY dividend to my $0.31  estimated price upside, reveals a $0.61 potential gross gain per share.

At Friday’s $5.69 closing price, a little over $1000 would buy 176 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us about $0.06 per share.

Subtract that maybe $0.06 brokerage cost from my estimated $0.61 gross price gain estimate makes a net amount of $0.55 X 176 shares = $96.80 or a 9.7% net gain.

In the next year our $1K investment in shares of Bezeq might generate $52.70 in dividends. Furthermore, a single share of BZQIY at Friday’s $5.69 price is over 9 times below the annual dividend income from $1000.00 invested.

So, by my dogcatcher ideal, this may be a prime time to consider BZQIY shares, based on their dividends for 2023. The dividend from $1k invested is 9.26 times greater than Bezeq’s single share price. Consider yourself alerted.

All of the estimates above are speculation based on the past history of investment in shares of Bezeq The Israeli Telecommunication Corp Ltd. Only time and money invested in this stock will determine its future market value.

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