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ICL Group Ltd, with the ticker ICL, is a large-cap agricultural inputs company operating in the materials business sector. This is my first report on ICL Group for my Viital portfolio or any of my previous six.

ICL Group Ltd is a manufacturer of products based on minerals. The firm is comprised of four segments: phosphate solutions, potash, industrial products, and innovative agriculture solutions (IAS). 

These segments all contribute to the company's development of agriculture, food, and engineered material products and services. The company mines and manufactures potash and phosphates to be used as ingredients in fertilizers and serve as a component in the pharmaceutical and food additives industries. 

It is also engaged in industrial additives and materials, including flame retardants, phosphate salts, specialty phosphate blends, purified phosphoric acid, and electronic-grade specialty phosphoric acids. 

Its geographical segments are Europe, Asia, North & South America, and the Rest of the world.

It sells its products through marketing companies, agents, and distributors. 

The company was formerly known as Israel Chemicals Ltd. and changed its name to ICL Group Ltd in May 2020. 

The company was founded in 1968 and is headquartered in Tel Aviv, Israel.

Three key data points gauge any dividend equity or fund such as ICL Group Ltd.

(1) Price

(2) Dividends

(3) Returns

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

ICL Price

ICL’s price per share was $9.10 as of yesterday's market close. One year ago its price was $6.65. Thus, ICL’s share price rose $2.45 or almost 37% in the past year. 

If ICL’s stock trades in the range of $5.00 to $15.00 this next year, its recent $9.10 share price might rise by $2.90 to reach $12.00 by July 8, 2023. My $2.90 upside estimate is $0.34 under the median of one-year price estimates from five analysts covering ICL.
 

ICL Dividends

ICL’s most recently declared quarterly dividend of $0.24 was paid on June 15, to shareholders on record as of May 31st.  

From April 1999  to June 2006, ICL paid semi-annual dividends. generally increasing annually. Since June 2006 variable quarterly dividends have been paid ranging from $0.03 to $0.42 over the years. The recent forward-looking annual dividend of $0.52 equates to an annual yield of 5.7% as of yesterday's share price of $9.10.
 

ICL Returns

Adding the $0.52 ICL annual forward-looking dividend to my estimated one-year price upside estimate of $2.90 shows a $3.42 potential gross gain, per share, to be reduced by any costs to trade ICL shares.  

At yesterday's $9.10 closing price, a little over $1000 would buy 110 shares.

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

Subtract that maybe $0.09 brokerage cost from my estimated $3.42 gross gain estimate per share results in a net gain of $3.33 X 110 shares = $366.30. for a 36.5% net gain including a 5.7% forward-looking annual dividend yield. 

So it is that ICL Group Ltd shows a possible 36.5% net gain including a 5.7% forward-looking dividend yield. 

Over the next year at this time, our $1000 investment in ICL Group Ltd shares would generate $57.00 in cash dividends. Of course, a single share of ICL stock, bought at yesterday's $9.10 price, is less than one-sixth of the dividend income from our $1000.00 investment. 

So, by my dogcatcher ideal, this is a good time to pick up ICL shares based on their forward-looking dividends for the year 2022. The forthcoming annual dividend from $1K invested is 6.26 times more than yesterday’s single share price. Consider yourself alerted. It's a sign. 

All of the estimates above are speculation based on the past history of ICL Group Ltd. Only time and money invested in this stock will determine its market value.

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