Current Report: Daicel Corp.
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Daicel Corp (DACHF) manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into four primary segments based on product type.
The plastics segment, which generates more revenue than any other segment, sells plastic resins used in automobile and household products as well as food packaging products.
The cellulosic derivatives segment sells acetate tow, which is used to produce cigarette filters.
The organic chemicals segment sells acetic acid-based products used in the production of electronic materials, paints, cosmetics, and healthcare products.
The pyrotechnic devices segment sells automobile safety parts including airbag inflators. The majority of revenue comes from Japan.
The company was formerly known as Daicel Chemical Industries, Ltd. and changed its name to Daicel Corporation in October 2011.
Daicel Corporation was incorporated in 1919 and is headquartered in Osaka, Japan.
Three key data points gauge Daicel Corporation 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.
DACHF Price
Share price rose stayed flat over the past year from at $8.52, as of Friday’s market close.
In the past 3 years the company’s share price has rarely been less than $6.00 nor more than $8.52. Its all-time high price of $9.90 was reached December 30, 2019.
If shares trade in the range of $7.00 to $9.00 this next year, the recent $8.52 share price might grow to $9.00. Of course, DACHF shares could also drop about the same $0.48 estimated amount, or more.
My $0.48 price upside estimate is based on conjecture there is no clear indicator whether pice will move in either direction.
DACHF Dividend
Daicel Corporation has paid variable semi-annual dividends since June 2011. The company’s most recent SA dividend of $0.20 was declared May 9th for shareholders of record prior to March 28, 2025, and the dividend will likely be paid in June. A forward looking annual dividend of $0.40 yields 4.69% per Friday’s closing price.
DACHF Returns
Putting it all together, a $0.88 estimated annual gross gain per share shows up by adding Daicel Corporation’s annual $0.40 dividend to the estimated price upside of $0.48, which totals that $0.88 gross gain.
A little under $1000 buys 117 shares at Friday’s $8.52 share price.
A $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.085 per share out of the $0.88 gross gain to give us a net gain of 0.795 X 117 shares = $93.02 for about a 9.3% estimated net gain on the year.
Furthermore, the $46.90 annual estimated dividend income from $1k invested in DACHF is 5.5 times more than the $8.52 single-share price. By these numbers, DACHF may be an ideal materials dividend dog.
Therefore, you may want to pounce on Daicel Corporation
It is a soon to be 106 year-old variable semi-annual dividend paying chemical company with a 14 year dividend record.
The exact track of Daicel Corporation future price and dividend will entirely be determined by market action and company finances.
Remember the best measure of stock value is through direct 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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