MiX Telematics Ltd, a small cap application software company, is known by the trading ticker symbol MIXT and is a member of the technology business sector. This is my first ever report on MiX Telematics Ltd for this Vista or any of my five other dog of the week portfolios. 

MiX Telematics Ltd offers fleet and mobile asset management solutions delivered as Software-as-a-Service to customers across the globe. The company solutions include MiX Fleet Manager Premium; MiX Fleet Manager Essential; MiX Asset Manager and Value Added Services. 

It serves Fast Moving Consumer Goods, Utilities, Security, Construction, Transport and Distribution, Emergency Services, Government, Rental and Leasing, Mining, Oil and Gas and Public Transport industries. The company derives maximum revenues from subscriptions to its fleet and mobile asset management solutions.

The company was founded in 1996 and is headquartered in Boca Raton, Florida. Geographically, it derives a majority of revenue from Africa and also has a presence in the Americas, Middle East and Australasia, Europe, Brazil and Central Services Organization (CSO). 

Three key data points gauge dividend equities or funds like MiX Telematics Ltd (MIXT):

(1) Price (2) Dividends (3) Returns.

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

MIXT Price

MiX Telematics Ltd  price per share was $12.68 as of yesterday's market close. One year ago its price was $9.20. So MIXT price has increased about 37.8% in the past year. 

If MiX Telematics Ltd's stock trades in the range of $8 to $20 this next year, its recent $12.68 price might rise by $5.32 to reach $18.99 by July 19, 2022. My estimate is $1.32 below the one year consensus target of three analysts  tracking the stock for brokerage firms.

MIXT Dividends

MiX Telematics Ltd's most recent regular quarterly dividend payout of $0.068 was paid July 1, 2021 an, projects an $0.27 annual payout yielding 2.15% based on yesterday's $5.18 closing price. MIXT has paid quarterly  dividends increasing annually for 5 years.

MIXT Returns

Adding the $0.27 annual MIXT forward looking dividend to my $5.18 price upside estimate shows a $5.45 potential gross gain, per share, to be reduced by any costs to trade MiX Telematics shares.  

At yesterday's $12.68 price per share, a little under $1000 would buy 79 shares.

A $10 broker fee (if charged) would be paid half at purchase and half at sale and might cost us about $0.13 per share.

Subtract that maybe $0.13 brokerage cost from my estimated $5.45 gross gain per share results in a net gain of $5.32 X 79 shares = $420.28 for a 42.03% net gain on a $1,001.72 investment.

So it is that MiX Telematics Ltd shows a possible 42.03% net gain including an 2.15% forward estimated dividend yield. 

Over the next year at this time a $1000 investment in MiX Telematics Ltd could generate $21.50 in cash dividends alone. And a single share bought at yesterday's closing price was $12.68. Thus, MIXT's share price is about 59% of dividend income from $1K invested. So, according to the dividend dogcatcher ideal, this is the prime time to pickup MiX Telematics Ltd shares because the dividend from $1k invested exceeds the single share price by about 40%. Consider yourself alerted.

All of the estimates above are speculation based on the past history of MiX Telematics Ltd (MIXT). Only time and money invested in this stock will determine its true worth.