E Daily Stock Pick: Apache

APA Dividends

Apache's latest declared quarterly dividend was $0.25 payable May 22. That $0.25 Q dividend equates to an annual payout of $1.00 and yields 4.08% at yesterday's $24.50 share price.

APA Gains?

Adding the $1.00 annual estimated dividend to my $5.50 estimate of Apache Corp price upside shows a $6.50 potential gross gain, per share, which will be reduced by any costs to trade those shares.

Say we put a little under $1,000.00 today, in Apache Corp. At its recent $24.50 price, that would buy 40 shares of Apache.

A $10 broker fee paid half at purchase and half at sale could cost us $0.25 per share.

Subtracting that $0.25 brokerage cost from the estimated $6.50 gross estimated gain per share, leaves a net gain of $6.25 X 40 shares = $250.00 or a 25.5% net gain on a $980.00 investment.

Therefore, Apache Corp, shows a possible 25.5% net gain including an 4.08% dividend yield. It could be more, it could be less.

The above speculation is based on past year performance. It remains to be seen to see if Apache Corp, is worth your time and money.

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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 ...

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