Image Source: Unsplash

Alps Alpine Co Ltd (APELY) operates in two major business segments: (1) electronic components, (2) automotive infotainment, lodistics and others.

The electronic components segment develops, manufactures, and sells a broad range of electronic components in both consumer and automotive markets.

The automotive infotainment segment develops, produces, and markets audio, information, and communication equipment. The company generates the majority of revenue from the electronic components segment followed by the automotive infotainment segment.

It has a business presence worldwide, with the United States, Japan, China, and Germany its four largest markets.

The company was formerly known as Alps Electric Co., Ltd. and changed its name to Alps Alpine Co., Ltd. in January 2019.

Alps Alpine Co., Ltd. was incorporated in 1948 and is headquartered in Tokyo, Japan.

Three key data points gauge

Alps Alpine or any dividend paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

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

APELY Price

Alps’ price grew almost 35% in the past year from $15.65 to $21.09 as of Friday’s market close.

In the past 3 years the company’s share price has ranged from $13.59 to $22.69. However, the all-time high price of $68.45 was reached back in November, 2017.

Should Alps share prices conform tothe average $0.98one year price gains charted over the past five years, its share price could grow 0.92 to over $22.00 in the coming year.

APELY Dividends

Alps Alpine has paid variable semi-annual dividends since June, 2014. The company’s most recent SA dividend of $0.40 was declared September 20th for shareholders of record prior toSeptember 30th, and the payout was made December 13th. A forward looking annual dividend of $0.50 yields 2.37% per Friday’s closing price.

AP Returns

Putting it all together, a $1.42 estimated gross gain per share shows up by adding Alps’ annual $0.50 dividend to the estimated $0.92 estimated annual gross price gain, totaling that $1.42 gross gain amount.

A little under $1000 buys 47 shares at Friday’s $21.09 share price.

So, a $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.21 per share out of the $1.42 gross-gain to give us a $1.21 net amount per share to multiply by 47 shares. That result comes to $56.87 for about a 5.7% estimated net gain in the coming year.

Furthermore, $23.70 in annual dividend income from your $1,000 investment in Alps Alpine Co Ltd is about 12.4% greater than the $21.09 single-share price. By these numbers, Alps Alpine could be considered an ideal dividend dog by dogcatcher standards.

Therefore, you may choose to pounce on Alps Alpine as a 77 year-old semi-annual dividend-paying Japanese electronic component company with an 11-year semi-annual dividend payment record.

The exact track of Alps’ future price and dividend 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.

More By This Author:

Current Report: Tsumura & Co
Current Report: Sundrug
Current Report: Koninklijke Philips