Current Report: Exco Technologies
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TM Editor's Note: This article discusses one or more penny stocks and/or microcaps. Such stocks are easily manipulated; do your own careful due diligence.
Founded in 1986 and based in Markham, Canada, Exco Technologies (EXCOF) designs, develops, manufactures, and sells dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries.
Three key data points gauge EXCOF 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.
EXCOF Price
Exco Technology's share price fell 16.6% from $5.90 to $4.92 over the past year, per Wednesday’s market price.
No analysts cover the stock and in the past en years price has tracked in a range of $13.33 to $3.10.
The average annual price gain over the past five years was $0.18 Share price currently sits at $4.92.
EXCOF Dividends
Exco Technologies has paid quarterly variable dividends since July 1996.
The current forward-looking annual $0.32 dividend yields 6.5% per Monday’s $4.92 share price.
EXCOF Returns
Putting it all together, a $0.50 estimated gross gain per share shows up when adding EXCOF’s annual $0.32 dividend to an estimated $0.18 annual price gain.
A little under $1000 invested at the recent $4.92 share price would buy 203 shares which, multiply the $0.50 gross gain to an estimated $101.62 for the coming year.
About 65% of that $101.00 gain comes from the $65.00 of annual dividends generated from your $1,000 investment. Besides, the $65.00 annual dividend income from your $1k investment is almost 13.5 times greater than the recent $4.92 single-share price.
(A dividend dogcatcher rule is to only buy initial shares of a stock that pays an annual dividend from $1000 invested that is greater than the cost of a single share.)
Therefore, you may choose to pounce on Exco Technologies to get that current $65.00 annual dividend income that has been paid out over the past 29 years.
The exact track of EXCOF’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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