Stock Analysis: Himax Technologies
Image Source: Pixabay
Himax Technologies (HIMX), Inc. was incorporated in 2001 and is headquartered in Tainan City, Taiwan.
The company is a semiconductor solution provider dedicated to display imaging processing technologies.
It offers display driver ICs and timing controllers used in TVs, laptops, monitors, mobile phones, tablets, digital cameras, virtual reality (VR) devices, and many other consumer electronics devices.
Three key data points gauge Himax 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.
HIMX Price
Himax’s share price increased over 38.5% in the past year from $6.60 to $9.15 as of Monday’s closing price.
HIMX Dividends
Himax Technologies has paid variable annual dividends since October, 2007.
The current forward looking annual dividend of $0.37 yields 4.05% per Monday’s $9.15closing price.
HIMX Returns
Putting it all together, a $1.17 estimated gross gain per share shows up when adding Himax’s annual $0.37 dividend to an estimated $0.80annual price gain estimated by 5 analysts, totaling that $1.17 gross gain.
A little under $1000 invested at the recent $9.15 price would buy 109 shares which, multiplies the $1.17 gross annual gain total to $127.53.
Furthermore, about 31.5% of that $128 annual gain comes from the $40.50 in dividends generated from your $1,000 investment, and the $40.50 amounts to near 4.5 times the recent $9.15 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 Himax and its 4.05% dividend yield along with its 18 year dividend record.
The exact track of Himax Technologies 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.
More By This Author:
Summary Report: Telefonaktiebolaget L M Ericsson
Summary Report: Verizon Communications
Stock Analysis: TEGNA
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, ...
more