E Daily Stock Pick: Asseco Poland

ASOZY Dividends

Asseco's most recent annual dividend was $0.81 declared April 29th and payable June 20th.

That $0.81 A payout produces a resultant yield of 6.46% based on yesterday's $12.51 closing price.

Gains For ASOZY?

Adding the $0.81 annual announced dividend to my $0.99 estimate of Asseco's price upside shows a $1.80 potential gross annual gain, per share, which will be reduced by costs to trade those shares.

Say we pay a little over $1,000.00 today at the $12.51 recent stock price would buy us 80 Asseco Poland SA shares.

A $10 broker fee paid half at purchase and half at sale will cost us $0.13 per share.

Subtract that $0.13 brokerage cost from the estimated $1.80 gross annual gain leaves a net gain of $1.67 X 80 shares = $133.60 or a 13.3% net gain on a $1.000.80 investment.

Therefore, Asseco Poland SA whose trading ticker symbol is ASOZY, now shows a possible net gain of 13.3% including a 6.46% dividend yield.

No brokers track Asseco Poland SA stock:

So no argument from the pros for my estimates.

Therefore, you can look at Asseco Poland SA and see it has made money, is making money, and could net a 13.3% gain including a 6.46% dividend yield. It could be more, it could be less.

The above speculation is based on past year performance. The actual results remain to be seen to determine if Asseco Poland SA is worth your time and money.

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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

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