Image Source: Pixabay

Rexel SA bears the ticker symbol RXLSF, and this is my first mention of Rexelfor this new Viking Portfolio, or for any of my previous seven dog of the week folios.

Rexel SA is a provider of electrical products and services to residential, nonresidential, and industrial markets.

The products offered include electrical equipment such as appliances and accessories, cables and routing, lighting, security and communication, home automation, climate control, and building management systems used in the construction, renovation, and maintenance of buildings and infrastructures.

Clients include small and midsize installers, large installers and facility managers, commercial companies, and industrial customers. Rexel's largest end market in Europe.

At Tuesday’s $19.96 closing price, a little under $1000 would buy 50 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us about $0.20 per share.

Subtract that maybe $0.20 brokerage cost from my estimated $2.82 gross gain makes a net gain of $2.62 X 50 shares = $131.00 for a 13.1% net gain including the 6.43% annual dividend yield.

In the next year our $1K investment in shares of Rexel SA could generate $64.30 in cash dividends. Furthermore, a single share of Rexel at Tuesday’s $19.96 price is over 3 times less than the estimated annual dividend income from our $1000.00 investment.

So, by my dogcatcher ideal, this is a proper time to maybe buy Rexel SA shares, based on their dividends for 2023. The current dividend from $1K invested is 3.22 times higher than the Rexel single share price. Consider yourself alerted.

Now is the time to consider Rexel SA shares.

All of the estimates above are speculation based on the past history of investment in shares of Rexel SA. Only time and money invested in this stock will determine its future market value.

More By This Author:

Daily Stock Analysis: Skyworth Group
Stock Analysis: MediaTek
Daily Stock Analysis: Capital Product Partners