Stock Analysis: Betsson AB
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Incorporated in 1963 and is based in Stockholm, Sweden, Betsson AB (BTSBF) (publ), through its subsidiaries, invests in and manages online gaming business in the Nordic countries, Latin America, Western Europe, Central and Eastern Europe, Central Asia, and internationally.
The company offers casino games, including slots, table games, and live casino; sportsbook that offers online betting on a various sports and events; and other games, such as poker, bingo, and scratch cards.
It markets its products under the Betsson, Betsafe, Nordicbet, Racebets, Starcasino, and Inkabet brands.
Three key data points gauge BTSBF 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.
BTSBF Price
Betsson’s share price increased about 85% in the past year from $9.50 to $17.54 as of last Thursday’s closing price.
BTSBF Dividends
Betsson has paid regular semi-annual dividends since June 2023. The current forward looking annual dividend of $0.74 yields 4.21% per Thursday’s $17.54 closing price.
BTSBF Returns
Putting it all together, a $4.20 estimated gross gain per share shows up when adding Betsson’s annual $0.74 dividend to an estimated $3.46 annual price gain.That two-year average annual price gain, plus the dividend, makes that $4.20 gross gain.
A little under $1000 invested at the recent $17.54 share price would buy 57 shares which, multiply the $4.20 gross gain estimate up to $239.45
Furthermore, over 17.5% of that $239 gain comes from the $42.10 in annual dividends generated from your $1,000 investment, and the $42.10 annual dividend amounts to 2.4 times the recent $17.54 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 Betsson AB and its 4.21% dividend yield along with its 3 year dividend record.
The exact track of BTSBF 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 solicitation, ...
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