Current Report: Coface (COFAF)
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Founded in 1946 and is headquartered in Bois-Colombes, France, Coface SA (COFAF) provides credit insurance products and related services for microenterprises, small and medium enterprises, mid-market companies, international corporations, financial institutions, and clients of distribution partners.
Three key data points gauge Coface SA or any dividend-paying entity, namely:
(1) Price
(2) Dividends
(3) Returns
Those keys also indicate if any company has made, is making, and will make money.
COFAF Price
Coface's share price rose 13.5% from $16.05 to $18.21 over the past year, per Friday’s market price.
No analysts cover the stock, but in the past five years, the price has tracked in a range of $12.01 to the recent $18.21 as of Monday’s share price.
The average annual price gain over the past five years was $0.91.
COFAF Dividends
Coface SA has paid quarterly variable dividends since May, 2024.
The current forward-looking annual $1.58 dividend yields 8.67% per Monday’s $18.22 share price.
The most recent $1.58 A dividend was paid on May 22nd.
COFAF Returns
Putting it all together, a $2.46 estimated gross gain per share shows up when adding COFAF ’s annual $1.58 dividend to an estimated $0.88 annual price gain.
A little under $1000 invested at the recent $18.22 share price would buy 54.88 shares which, multiply the $2.46 gross gain to an estimated $135.02 for the coming year.
Over 64% of that $135 gain comes from the $86.70 of annual dividends generated from your $1,000 investment. Besides, the $86.70 annual dividend income from your $1k investment is over 4.75 times greater than the recent $18.22 single-share price.
(A dividend dogcatcher rule is to only buy initial shares of a stock that pay an annual dividend from $1000 invested that is greater than the cost of a single share.)
Therefore, you may choose to pounce on Coface SA to get that current $86.70 annual dividend income that has been paid out over the past 2 years.
The exact track of COFAF’s future share price and dividends will entirely be determined by market action and company finances.
Remember, the best way to track stock performance and dividend payments is through direct ownership of company 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 solicitation, ...
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