Current Report: SLC Agricola SA

By Fredrik Arnold

Tuesday, March 21, 2023 2:06 AM EST

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

SLC Agricola SA is an agricultural company.

Its five core business activities include (1) the production and sale of seeds and saplings; (2) the processing and trading of its products, that is, the supply of primary agricultural goods and products; (3) the rendering of inbound logistics, cleaning, drying and storage services as well as rendering services of agricultural machinery and equipment to third parties; (4) the trading, import and export of agricultural products; and (5) processing of sugarcane, ethanol and its byproducts.

It operates through two business segments. (1) The agricultural production segment comprises the cultivation of primarily cotton, soybean and corn, and (2) the Land portfolio segment includes the acquisition and development of land for agriculture.

Its products are cotton, corn, soybean, and other.

The company was founded in 1977 and is headquartered in Porto Alegre, Brazil.

SLC Agrícola S.A. is a subsidiary of SLC Participações S.A.

Three key data points gauge SLC Agricola, or any dividend paying firm. They are:

(1) Price

(2) Dividends

(3) Returns

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

SLCJY Price

SLC Agricola price per share was $8.80 at Monday’s market close. In the past year, SLCJY share price fell $0.92 or about 9.5%.

If SLCJY stock trades in the range of $7.00 to $10.00 this next year, its recent $8.80 share price might reach $9.25 by next year. That upside estimate of $0.45 is based on the average of annual SLC Agricola price increases over the past 10 years.

SLCJY Dividend

SLC Agricola’s most recent TTM annual dividend of $0.54 casts a forward annual yield of 6.14%.

SLCJY Returns

Adding the $0.54 annual estimated

SLC Agricola dividend to the average annal piece increase, that is, a $0.45 one-year price upside estimate, reveals a $0.99 potential gross gain estimate per share.

At Monday’s $8.80 closing price, a little over $1000 would buy 114 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us about $0.09 per share.

Subtract that maybe $0.09 brokerage cost from my estimated $0.99 gross gain makes a net gain of $0.90 X 114 shares = $102.60 for a10% net gain including the 6.14% annual dividend yield.

In the next year our $1K investment in shares of SLCJY should generate $61.40 in cash dividends. Furthermore, a single share of SLCJY at Friday’s $8.80 price near 7 times less than the $61.40 estimated annual dividend income from a $1000.00 investment.

So, by my dogcatcher ideal, this is perhaps the proper time to buy SLCJY shares, based on their dividends for 2023. The current dividend from $1K invested is 6.97 times greater than the SLC Agricola single share price. Consider yourself alerted.

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

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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 ...

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