Current Report: Medical Facilities

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Medical Facilities Corp, known by the ticker symbol MFCSF is a small-cap medical care facilities owner, operating in the healthcare business sector. This is my first report on MFCSF for this Viital portfolio, However I have reported on and selected MFCSF for one of my past portfolios.

Medical Facilities Corp owns a diverse portfolio of surgical facilities in the United States. Through its wholly-owned subsidiaries, the company owns controlling interests in four specialty hospitals and six ambulatory surgery centers.

The hospitals offer a range of non-emergency surgical, imaging, diagnostic and pain management procedures, and other ancillary services. Its key revenue source is from the facility service income. The corporation's operations are based in the United States.

It also offers ambulatory surgery center, which performs scheduled outpatient surgical procedures.

The company was incorporated in 2004 and is headquartered in Toronto, Canada.

Three key data points gauge any dividend equity or fund such as Medical Facilities Corp (MFCSF)

(1) Price

(2) Dividends

(3) Returns

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

MFCSF Price

Medical Facilities’s price per share was $6.82 as of yesterday's market close. One year ago its price was $6.10. Therefore, MFCSFs share price rose $0.72 or about 11.8% in the past year.

If Medical Facilities’s  stock trades in the range of $5.00 to $10.00 this next year, its recent $6.82 share price might rise by $2.18 to reach $9.00 by May 19, 2023. My $2.18 upside estimate is based on past year price performance and, as such, is very optimistic.

MFCSF Dividends

Medical Facilities Corp’s most recently declared quarterly dividend of $0.0644 was paid April 14th to shareholders on record as of March 30th.

MFCSF was formerly a monthly paid dividend stock but retreated to a  quarterly dividend January 15, 2020. The dividend has been annually increasing  over the past 1 years. Its recent $0.0633 Q payout equates to $0.26 at an Annual rate, MFCSF’s annual payout is calculated to deliver a 4.78% annual yield per yesterday’s $6.82 share price.

MFCSF Returns

Adding the $0.26 MFCSF annual dividend to the estimated one-year price upside of $2.18 shows a $2.44 potential gross gain, per share, to be reduced by any costs to trade MFCSF shares.

At yesterday's $6.82 closing price per share, a little over $1000 would buy 147 shares.

A $10 broker fee (if charged) would be paid half at purchase and half at sale and might cost us about $0.07 per share.

Subtract that maybe $0.07 brokerage cost from my estimated $2.44 gross gain estimate per share results in a net gain of $2.37 X 147 shares = $348.39 for a 34.8% net gain on a $1,002.54 investment.

So it is that Medical Facilities Corp shows a possible 34.8% net gain including a 3.788% forward looking dividend yield.

Over the next year at this time our $1000 investment in Medical Facilities Corp shares might generate $37.80 in cash dividends. Of course a single share of MFCSF stock bought at yesterday's $6.82 price is over 5.5 times under the dividend income from our $1000.00 invested.

So, by my dogcatcher ideal, this may time to pick up Medical Facilities Corp shares based on their forward looking dividends for the year 2022. A forthcoming annual dividend from $1K invested is could be 5.54  times greater than yesterday's single share price. Consider yourself alerted. It's a sign.

All of the estimates above are speculation based on the past history of Medical Facilities Corp  (MFCSF). Only time and money invested in this stock will determine its market value.

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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