E Daily Stock Pick: QIWI Plc

A portfolio of stocks I've been building since September 3 is named Volio. It will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the second of five financial services stocks striving to join my Volio folio. This could be my twenty-third pick for Volio!

That financial services sector includes twenty industries ranging from Asset Management to 8 kinds of Banks, Credit, Exchanges, 6 kinds of Insurance, Savings, and all such financial concerns.

My subject today is a small-cap credit services firm named, QIWI plc. Their trading ticker symbol is QIWI. This is my first report for QIWI plc.

QIWI plc is engaged in operating electronic online payment systems in Russia and sells electronic payment kiosks and maintains banking activity supporting the processing of payments. The company's reportable segments include Payment Services, Consumer Financial Services, Small and Medium Enterprises, Rocketbank and Corporate and Other. It derives maximum revenue from the Payment Services segment. Geographically, it generates majority revenue from Russia and also has a presence in Other CIS, EU and Other countries.

Qiwi plc was incorporated in 2007 and is based in Nicosia, Cyprus.

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

(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.

QIWI Price

QIWI's price per share closed at $18.37 yesterday. A year ago its price was $16.33. So, in the past year, its market price grew by $2.04, or just about 28.9%.

Assuming QIWI plc stock trades in the range of $12 to $28 this next year, its recent $18.37 price could rise by $5.63 to reach $24.00 by February 4, 2021, assuming upward price momentum returns.

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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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