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Mullen Group Ltd (MLLGF) is a logistics provider with a network of independently operated businesses providing a wide range of services including less-than-truckload, truckload, specialized & industrial services warehousing and logistics, U.S. and international logistics, and corporate. The company also provides a diverse set of specialized services related to the energy, mining, forestry, and construction industries in western Canada

The company was founded in 1949 and is headquartered in Okotoks, Alberta Canada.

Three key data points gauge Mullen Group Ltd or any dividend-paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

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

MLLGF Price

Over the past three years, Mullen’s share price increased about 44% from $7.50 to $10.78 as of Tuesday’s market close.

If Mullen’s stock trades in the range of $5.00 to $15.00 this next year, its recent $10.78 share price might rise to $11.90 by next year. Of course, Mullen’s price could drop about the same $1.12 amount or more.

My upside estimate of $1.12, however, is $0.03 above the average of one-year price gains for Mullen shares over the past three years.
 

MLLGF Dividend

Mullen Group Ltd has paid variable monthly dividends since January 15, 2013. Mullen’s most recent monthly dividend, payable September 15th to shareholders of record August 30th is $0.0443  So, Mullen’s annual dividend payout is projected to be $0.53 and yield 4.93% per Tuesday’s closing price.
 

MLLGF Returns

Adding the $0.53 anticipated annual dividend to Mullen’s estimated $1.12 possible price upside reveals a $1.65 potential gross gain per share for the coming year.

At Tuesday’s $10.78 closing price, a little over $1000 would buy 93 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us about $0.20 per share.

Subtracting that maybe $0.20 brokerage cost from my estimated $1.65 gross gain per share makes a net gain of $1.45 X 93 shares = $134.85 or about a 13.5% net gain.

This may be the time to pounce on Mullen Group Ltd. shares. But beware, Mullen is a diversified logistical services provider. Furthermore, the estimated $49.30 dividend from $1000 invested comes in at over four and one-half times the recent single share price. The choice is yours.

Remember the true value of any stock is best realized by your personal ownership of shares.

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