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TM Editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.

Pro-Ship Inc (PSHPF) is engaged in the development, sale, and consulting of solution software for asset management and sales management in Japan.

It provides the ProPlus series, a collection of applications, and offers strategic solutions. The company offers solutions such as Fixed asset systems, Inventory subsystems, Global solutions, Lease asset management systems, Stock management systems, Maintenance management systems, and Cash management solutions, among others.

It is also involved in the design and development of tailor-made back-office and information systems; and management of business application and infrastructure systems for clients.

The company was formerly known as Japan M.I.S. Co., Ltd. and changed its name to Pro-Ship Incorporated in May 2001.

The company was incorporated in 1969 and is headquartered in Tokyo, Japan.

Three key data points gauge Pro-Ship Inc. 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.

PSHPF Price

Share price rose about 5.6% in the past year from $9.60 to $10.14, as of Thursday’s market close.

In the past 3 years, the company’s share price has ranged from $8.16 to $10.14. It is presently at its all-time high of $10.14 as of January 3rd.

If shares trade in the range of $8.70 to $12 this next year, the recent $10.14 share price might grow to $10.85 Of course, PSHPF shares could also drop about the same $0.705 estimated amount, or more.

My $0.705 price upside estimate is the average of one-year piece gains for PSHPF over the past two years.

PSHPF Dividend

Pro-Ship has paid variable annual dividends since June 2022. The company’s most recent dividend of $0.325 was declared May 10th for shareholders of record prior to March 28th this year and the payout will likely happen in June per past history. To pay date has been declared. The annual dividend of $0.33 yields 3.21% per Thursday’s closing price.

PSHPF Returns

Putting it all together, a $1.035 estimated annual gross gain per share shows up by adding PSHPF’s annual $0.33 dividend to the estimated $0.705 annual price gain, which totals that $1.035 gross gain.

A little over $1000 buys 99 shares at Thursday’s $10.14 share price.

A $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.10 per share out of the $1.035 gross gain to give us a net gain of $0.935 X 99 shares = $92.57 for about a 9.2% estimated net gain on the year.

Furthermore, the $32.10 annual estimated dividend income from $1k invested in PSHPF is over 3 times greater than the $10.14 single-share price. By these numbers, PSHPF may be an ideal technology dividend dog.

Therefore, you may want to pounce on Pro-Play Inc.

It is a 56-year-old annual dividend-paying business software company with a 3-year dividend record.

The exact track of Pro-Ship Inc's future price and dividend will entirely be determined by market action and company finances.

Remember the best way to track dividend payments is through direct ownership of company shares,

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