SK Telecom Co Ltd, known by the ticker symbol SKM, is a large-cap telecom services company, operating in the communication services business sector. This is my second report on SK Telecom for this Viital portfolio. I last reported on this company beck on March 7th.

SK Telecom is South Korea's largest wireless telecom operator, with 29 million mobile customers.

The firm also owns SK Broadband (formerly Hanaro Telecom), which has 6.5 million broadband customers and 8.7 million broadband TV customers.

While the firm also purchased stakes in businesses in security and semiconductor memory production as well as developing e-commerce and Internet platform businesses, these were all spun off into the separate, SK Square business in November 2021.

In addition, it offers call center management, base station maintenance, information gathering and consulting, system software development and supply, quantum information and communications, data base and internet website, and digital contents sourcing services; manufactures and sells e-books; sells and trades in anti-theft and surveillance devices; and operates information and communications facilities.

The company was incorporated in 1984 and is headquartered in Seoul, South Korea.

Three key data points gauge any dividend equity or fund such as SK Telecom Co Ltd:

(1) Price

(2) Dividends

(3) Returns

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

SKM Price

SK Telecom Co Ltd’s price per share was $26.60 as of yesterday's market close. One year ago its price was $49.03. Therefore, SKM’s share price fell $22.43 or about 45.75% in the past year. Primarily due to the sell-off of those assets mentioned earlier.

If SKM’s stock trades in the range of $24.00 to $48.00 this next year, its recent $26.60 share price might rise by $5.40 to reach $32.00 by April 19, 2023. My $5.40 upside estimate is $0.64 under the median of two analysts annual target price estimates for brokerage houses tracking SKM.

SKM Dividends

SK Telecom’s most recently declared quarterly dividend of $0.40 was paid August 17th 2021 to shareholders on record as of June 29th. If SK Telecom repeats that $.40 dividend twice this year. the yield form an $0.80 annual dividend would amount to 3.01%. However, no dividend for 2022 has been declared by SKM.

SK Telecom Co Ltd paid its first annual dividend payout in April, 1997. That stretch marks 25 years this month.

SKM Returns

Adding an $0.80 SKM annual dividend to the estimated one-year price upside of $5.40 shows a $6.20 potential gross gain, per share, to be reduced by any costs to trade SK Telecom shares.

At yesterday's $26.60 price per share, a little over $1000 would buy 38 shares.

A $10 broker fee (if charged) would be paid half at purchase and half at sale and might cost us about $0.26 per share.

Subtract that maybe $0.26 brokerage cost from my estimated $6.20 gross gain estimate per share results in a net gain of $5.94 X 38 shares = $225.72 for a 22.57% net gain on a $1,010.80 investment.

So it is that SK Telecom Co Ltd (SKM): shows a possible 22.57% net gain including a 3.01% forward looking dividend yield.

Over the next year at this time our $1000 investment in SKM might generate $30.10 cash dividends alone. Note that a single share of SKM stock bought at yesterday's $26.60 price is just $3.50 less than the anticipated dividend income from our $1000.00 invested. So, by my dogcatcher ideal, this may be a time to buy SKM shares if they declare a 2022 dividend. An estimated next-year dividend from $1K invested is currently  $3.50 \ greater than yesterday's single share price. Consider yourself alerted. It's a sign. Go for the dividend, if one is forthcoming!

All of the estimates above are speculation based on the past history of SK Telecom Co Ltd (SKM). Only time and money invested in this stock will determine its market value.