Stock Analysis: 2020 Bulkers

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2020 Bulkers Ltd. (TTBKF) was incorporated in 2017 and is based in Hamilton, Bermuda.

The company operates six scrubber fitted 208,000 deadweight tonnage Newcastlemax dry bulk vessels. 

The company operates those vessels worldwide.

Three key data points gauge

TTBKF or any dividend paying entity, namely:

(1) Price

(2) Dividends

(3) Returns

Those keys also show if any company has made, is making, and will make money.


TTBKF Price

2020 Bulker’s share price decreased about 18% in the past year from $15.30 to $12.55 as of Thursday’s closing price.


TTBKF Dividends

2020 Bulker’s has paid regular monthly dividends since August, 2021.

The current forward looking annual dividend of $1.32 yields 10.52% per Thursday’s $12.55closing price.


TTBKF Returns

Putting it all together, a $3.72 estimated gross gain per share shows up by adding Bulker’s annual $1.32 dividend to its estimated $2.40 annual price gain. 

That 2 year average annual gain plus dividend adds up to that $3.72 gross gain.

A little over $1000 invested at the recent $12.55 share price would buy 80 shares which, multiplies the $3.72 gross gain estimate up to $296.41 annually.

Furthermore, near 36% of that $296 gain comes from the $105.20 in annual dividends generated from your $1,000 investment. 

And the $105.20 annual dividend amounts to about 8.4 times the recent $12.55 single-share price.

(A dividend dogcatcher rule is to only buy a stock that pays an annual dividend from $1000 invested that is greater than the cost of a single share.)

Therefore, you may choose to pounce on 2020 Bulkers Ltd and its 10.52% dividend yield along with its 5 year dividend record.

The exact track of TTBKF future share prices and dividends will entirely be determined by market action and company finances.

Remember the best way to track stock performance and dividend payments is through direct ownership of company shares.


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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 ...

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