Thursday, April 6, 2023 12:41 PM EST
Image Source: Pixabay
K+S AG bears the ticker symbol KPLUF, and this is my first mention of K+S for this new Viking Portfolio or any of my previous seven Dog of the Week portfolios.
|
K+S AG produces two primary products: fertilizer and salt.
The company extracts potash and magnesium fertilizer ingredients primarily in Germany, but it's also ramping up potash production at its new low-cost Bethune mine in Saskatchewan that will eventually produce roughly a third of total potash.
The company is also the world's largest supplier of salt products, including the Morton Salt brand, with an annual production capacity of 30 million metric tons from multiple salt rock mines on three continents.
|
|
|
K+S AG was founded in 1889 and is headquartered in Kassel, Germany.
|
|
Three key data points gauge K+S 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.
KPLUF Price
K+S’s price per share was $20.18 at Wednesday’s market close. In the past year, K+S’s share price fell $11.32 or about 36%.
If K+S stock trades in the range of $15.00 to $30.00 this next year, its recent $20.18 share price might rise to $25 by next year. My upside estimate of $4.82 is just under the average annual $5.01 price increasefor the past five tyears.
KPLUF Dividend
K+S’s most recent annual dividend of $1.06 casts a yield of 5.26%.
KPLUF Returns
Taking the $1.06 annual estimated
K+S dividend and adding the $4.82estimated price upside, reveals a $5.88 potential gross gain per share.
|
|
|
At Wednesday’s $20.18 closing price, a little over $1000 would buy 50 shares.
A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us $0.20 per share.
Subtract that maybe $0.20 brokerage cost from my estimated $5.88 gross price gain estimate makes a net amount of $5.68 X 50 shares = $284 or a 28.4% net gain.
In the next year, our $1K investment in shares of KPLUF might generate $52.60 in cash dividends. Furthermore, a single share of KPLUF at Wednesday’s $20.18 price is over 2.5 times less than the $52.60 estimated annual dividend income from $1000.00 invested.
So, by my dogcatcher ideal, this is a time to consider K+S AG shares, based on their dividends for 2023. The dividend from $1k invested is 2.6 times greater than the single share price. Consider yourself alerted.
All of the estimates above are speculation based on the past history of investment in shares of K+S AG. Only time and money invested in this stock will determine its future market value.
More By This Author:
Daily Stock Analysis: Rio Tinto
Stock Analysis: Vale
Daily Stock Analysis: PT United Tractors
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 ...
more
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 solicitation, recommendation or endorsement to buy or sell any security. Prices and returns on equities in this article except as noted are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling same.
Disclosure: This article was compiled by Rydlun & Co., LLC from data derived from www.ycharts. com; www.finance.yahoo.com; analyst median target price by YCharts.
Catch Your Underdog Daily Dividend on Facebook!
At 8:45 AM every NYSE trading day on Facebook/ Dividend Dog Catcher Fredrik Arnold does a quick live video summary of one stock contending for a weekly slot on his new Vista portfolio.
Today he followed this script on his Underdog Daily Dividend Show!
Always remember: Root for the Underdog.
less
How did you like this article? Let us know so we can better customize your reading experience.
