Current Report: Spok Holdings
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Founded in 1986 and headquartered in Plano, Texas. Spok Holdings, Inc. (SPOK), through its subsidiary, Spok, Inc., provides healthcare communication solutions in the United States, Europe, Canada, Australia, Asia, and the Middle East.
The company offers subscriptions to one-way or two-way messaging services.
It serves businesses, professionals, management personnel, medical personnel, field sales personnel, service forces, members of the construction industry and construction trades, real estate brokers and developers, sales and services organizations, specialty trade organizations, manufacturing organizations, and government agencies.
The company was formerly known as USA Mobility, Inc. and changed its name to Spok Holdings, Inc. in July 2014.
Three key data points gauge Spok 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.
SPOK Price
Spok's share price rose over 14.5% from $14.30 to $17.53 over the past year per Wednesday’s market price.
One analyst covers the stock.
However, the average annual price gain over the past five years was $1.62.
SPOK Dividends
Spok has paid dividends quarterly since December 2005.
The current forward-looking annual $1.25 dividend yields 7.13% per Wednesday’s $17.53 share price.
The most recent $0.3125 quarterly dividend was paid out on September 9th.
SPOK Returns
Putting it all together, a $2.85 estimated gross gain per share shows up when adding SPOK’s annual $1.25 dividend to the estimated $1.60 average annual price gain over the past 5 years.
A little under $1000 invested at the recent $17.53 share price would buy 57 shares which, multiply the $2,85 gross gain to an estimated $162.58 for the coming year.
A little less than 44% of that $163 gain comes from the $71.30 of annual dividends generated from your $1,000 investment.
Besides, the $71.30 annual dividend income from your $1k investment is over 4 times greater than the recent $17.53 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 Spok Holdings Inc to get that current $71.30 annual dividend income that has been paid out over the past 20 years.
The exact track of SPOK’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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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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