E Daily Stock Pick: CSR Ltd

A portfolio of stocks I'm building, named Ivy, holds 52 dividend dogs. Ivy is the fourth portfolio I've built (at a one dividend dog per week pace) since 2014. Four portfolios = IV!

Today I'm reviewing the fifth of five materials sector stocks this week striving to become the ninth of nine from that sector to join the Ivy folio. This is the last pick for Ivy!

This materials sector includes thirteen industries all related to mining, making, and delivering essential commodities. They are: agricultural inputs; aluminum; building materials; chemicals; coal; copper; industrial metals; steel; paper; silver; specialty chemicals; gold.

Today I'm reviewing a small-cap building materials company named CSR Ltd. Their trading ticker symbol is CSRLF. I last reported on this company nearly over a year ago on January 23, 2018.

  • CSR Ltd is one of Australia's leading building materials companies; it produces plasterboard, bricks, roof tiles, insulation, glass, fiber cement, and aerated autoclaved concrete.
  • Founded as Colonial Sugar Refining Co. in 1855, CSR started producing building materials in 1942 and is behind recognized brands such as Gyprock plasterboard.
  • CSR sold the last of its sugar assets in 2010 to focus primarily on building products. CSR retains a 25% effective interest in the Tomago aluminum smelter and periodically advances surplus industrial land to property developers.

The company was founded in 1855 and is headquartered in North Ryde, Australia.

I use three key data points to gauge dividend-paying equities or funds like CSR Ltd:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest or not.

Those three basic keys, however, best tell whether a company has made, is making, and will make money.

CSRLF Price

CSR's price per share closed at $2.78 Friday. A year ago its price was $2.63. In a year its price rose $0.15 or 5.7%.

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Disclosure: This article was compiled by Rydlun & ...

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