E Daily Stock Pick: ABM Industries

ABM Dividends

ABM's most recent declared quarterly dividend was $0.185 paid May 4th. That $0.185 Q dividend equates to $0.74 annually and yields 2.01% at yesterday's $36.76 share price.

ABM Gains?

Adding the $0.74 annual estimated dividend to my $3.24 optimistic estimate of ABM Industries Inc's price upside shows a $3.98 potential gross gain, per share, to be reduced by any costs to trade the shares.

Say we put little under $1,000.00  today in ABM Industries Inc shares at their $36.76 price, buys 27 shares of ABM stock.

A $10 broker fee paid half at purchase and half at sale could cost about $0.37 per share.

Subtract that $0.37 brokerage cost from my estimated $3.98 gross gain per share results in a net gain of $3.61 X 27 shares = $97.47 for a 9.75% net gain on a $992.52 investment.

ABM Industries Inc shows a possible 97.47% net gain including a 2.01% dividend yield. It could be more, it could be less.    

The above speculation is based on past performance and supposition. Only time and money invested will tell if ABM Industries Inc is worth it.

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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, ...

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