E Daily Stock Analysis: NACCO Industries (NC)

NC Returns

Adding the $0.79 annual NC forward-looking dividend to my $5.42 price upside estimate shows a $6.21 potential gross gain, per share, to be reduced by any costs to trade NACCO Industries, Inc. shares.  

At yesterday's $26.08 price per share, a little under $1000 would buy 38 shares.

A $10 broker fee (if charged) would be paid half at purchase and half at a sale and might cost us $0.26 per share.

Subtract that maybe $0.26 brokerage cost from my estimated $6.21 gross gain per share results in a net gain of $5.95 X 38 shares = $226.10 for a 22.6% net gain on a $991.04 investment.

So it is that NACCO Industries, Inc. shows a possible 22.6% net gain including a 3.03% forward estimated dividend yield. 

Over the next year at this time, a $1000 investment in NC would generate $30.30 in cash dividends. And a single share bought at yesterday's closing price was $26.08! Thus, NC's share price is almost $4.00 less than the dividend income from $1K invested. So, according to the dividend dogcatcher ideal, this is the prime time to pick up NACCO because the dividend from $1k invested exceeds the single share price. So consider yourself primed.

All of the estimates above are speculation based on the past history of NACCO Industries, Inc. (NC). Only time and money invested in this stock will determine its true worth.

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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 ...

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