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Asseco Poland SA is known by the trading ticker symbol ASOZF and is a member of the technology business sector as a small-cap application software company. This is my first ever report on Asseco Poland for this Vista portfolio. I have reported it for a previous dog of the week portfolio years ago. 

Asseco Poland SA is the Polish subsidiary of the multinational Asseco Group, which has a presence in Europe and Israel. 

The firm develops sector-specific software for banking and finance and executes large IT projects for healthcare, insurance, and other sectors in public administration. 

Asseco's flagship product for the banking sector is the comprehensive IT suite def3000, used by financial institutions in Poland. The firm also provides IT consulting, systems integration, and implementation services for large and midsize industrial enterprises. 

A large majority of the firm's revenue is generated through proprietary software licenses from Polish institutions.

It also provides enterprise resource planning software for micro, small, medium, and large enterprises; and business intelligence solutions. The company was formerly known as Softbank S.A. and changed its name to Asseco Poland S.A. in January 2007. Asseco Poland S.A. was founded in 1989 and is based in Warsaw, Poland.

Three key data points gauge dividend equities or funds like Asseco Poland SA:

(1) Price

(2) Dividends

(3) Returns

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

ASOZF Price

Asseco Poland SA's price per share was $17.95 as of yesterday's market close. One year ago its price was $17.67. So ASOZF price has increased almost 16% in the past year. 

If Asseco Poland SA's stock trades in the range of $12 to $20 this next year, its recent $17.95 price might rise by $0.85 to reach $18.80 by July 21, 2022. My estimate is based on the average of five past years of historic price activity.

ASOZF Dividends

Asseco Poland SAs most recent regular annual dividend payout of  $0.85 was paid June 18, 2021, and yields 4.75% based on yesterday's $17.95 closing price. ASOZF has paid annual variable dividends for 10 years, skipping a dividend payout in 2018.

ASOZF Returns

Adding the $0.85 annual ASOZF forward-looking dividend to my $0.85 price upside estimate shows a $1.70 potential gross gain, per share, to be reduced by any costs to trade Asseco Poland SA shares.  

At yesterday's $17.95 price per share, a little over $1000 would buy 56 shares.

A $10 broker fee (if charged) would be paid half at purchase and half at a sale and might cost us about $0.18 per share.

Subtract that maybe $0.18 brokerage cost from my estimated $1.70 gross gain per share results in a net gain of $1.52 X 56 shares = $85.12 for an 8.5% net gain on a $1,005.20 investment.

So it is that Asseco Poland SA shows a possible 8.5% net gain including a 4.75% forward estimated dividend yield. 

Over the next year at this time, a $1000 investment in Asseco Poland SA could generate $47.50 in cash dividends alone. And a single share bought at yesterday's closing price was $17.95! Thus, ASOZF's share price is about 2.65 times less than the dividend income from $1K invested. So, according to the dividend dogcatcher ideal, this is the prime time to pick up Asseco Poland shares because the dividend from $1k invested exceeds the single share price by over 2.5 times. Consider yourself alerted.

All of the estimates above are speculation based on the past history of Asseco Poland SA. Only time and money invested in this stock will determine its true worth.