Tuesday, March 7, 2023 12:50 PM EST
Photo by Yiorgos Ntrahas on Unsplash
Skyworth Group Ltd bears the ticker symbol SWDHY, and this is my first mention of Skyworth for this new Viking Portfolio, or for any of my previous seven dog of the week folios.
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Skyworth Group Ltd is principally engaged in the manufacture and sales of smart TV systems, home access systems, smart white appliances, intelligent manufacturing, internet value-added services, property development, property holding, photovoltaic products, modern services, and trading of other products.
The Group’s overall strategic direction for upgrading through reformation includes Multimedia Business, Smart Systems Technology Business, Smart Appliances Business, New Energy Business and Modern Services Business.
It has operations in the People's Republic of China, rest of Asia, Europe, the Middle East, the United States, Oceania, and Africa. The company was formerly known as Skyworth Digital Holdings Limited and changed its name to Skyworth Group Limited in June 2019. Skyworth Group Limited was founded in 1988 and is headquartered in Quarry Bay, Hong Kong.
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Three key data points gauge SWDHY, or any dividend-paying firm:
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(1) Price
(2) Dividends
(3) Returns
Those three basic keys best tell whether any company has made, is making, and will make money.
SWDHY Price
Skyworth Group Ltd price per share was $19.99 at Monday’s market close. In the past year, Skyworth share price rose $2.77 or about 16%.
If Skyworth stock trades in the range of $5.00 to $25.00 this next year, its recent $19.99 share price might reach $21.50 by next year. That upside estimate of $1.51 is still $.61 Skyworth’s average annual price gain over the past five years.
SWDHY Dividend
Skyworth Group Ltd's most recent annual dividend of $0.99 cast a forward annual yield of 4.95%.
SWDHY Returns
Adding the $0.99 annual estimated
Skyworth dividend to my one-year price upside estimate of $1.51 reveals a $2.50 potential gross gain estimate per share.
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At Monday’s $19.99 closing price, a little under $1000 would buy 50 shares.
A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us about $0.20 per share.
Subtract that maybe $0.20 brokerage cost from my estimated $2.50 gross gain makes a net gain of $2.30 X 50 shares = $115.00 for an 11.5% net gain including the 4.95% annual dividend yield.
In the next year, our $1K investment in shares of Skyworth Group Ltd could generate $49.50 in cash dividends. Furthermore, a single share of SWDHY at Monday’s $19.99 price is about 2.5 times less than the estimated annual dividend income from our $1000.00 investment.
So, by my dogcatcher ideal, this is a proper time to maybe buy Skyworth Group Ltd shares, based on their dividends for 2023. The current dividend from $1K invested is 2.48 times higher than the SWDHY single share price. Consider yourself alerted.
Now is the time to consider Skyworth Group Ltd shares.
All of the estimates above are speculation based on the past history of investment in shares of Skyworth Group Ltd. Only time and money invested in this stock will determine its future market value.
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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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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!
The night before every NYSE trading day on Facebook/ Dividend Dog Catcher Fredrik Arnold usually does a quick live video summary of one stock contending for a weekly slot on his new Viking portfolio.
Last night Arnold followed this script on his Underdog Daily Dividend Show!
Always remember: Root for the Underdog.
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