Image Source: Pixabay

Incorporated in March 2005, and headquartered in Budelsdorf, Germany, freenet AG (FRTAY) provides telecommunications, broadcasting, and multimedia services for mobile communications/mobile internet, and digital lifestyle sectors in Germany.

It operates through three segments: Mobile Communications, TV and Media, and Other/Holdings. 

freenet AG was formerly known as telunico holding AG and changed its name to freenet AG in March 2005.

Three key data points gauge freenet 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.

FRTAY Price

freenet share price rose 22.2%  from $13.65 to $16.68 over the past year, per Friday’s market price. No analysts cover the stock.

However, in the past five years, the price has tracked in a range of $9.705 to the recent $21.70 as of May’s all-time high.

As of September 19th’s closing price of $16.68 the average annual price gain over the past five years was $1.10.

FRTAY Dividends

freenet has paid annual dividends since July 2021. The current forward-looking annual $1.05 dividend yields 6.29% per Friday’s $16.68 share price.

The most recent $1.05 Annual dividend was paid on June 2nd.

FRTAY Returns

Putting it all together, a $2.15 estimated gross gain per share shows up when adding freenet’s annual $1.05 dividend to an estimated $1.10 annual price gain.

A little over $1000 invested at the recent $16.58 share price would buy  60 shares which, multiply the $2.21 gross gain to an estimated $128.90 for the coming year.

About 46.75% of that $129 gain comes from the $62.90 of annual dividends generated from your $1,000 investment.

Besides, the $62.90 annual dividend income from your $1k investment is over 3.75 times greater than the recent $16.68 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 freenet AG to get that current $62.90 annual dividend income that has been paid out over the past 5 years.

The exact track of FRTAY’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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