Stock Analysis: Jiangsu Expressway
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Founded in 1992 and headquartered in Nanjing, China, Jiangsu Expressway Co Ltd (JEXYY) constructs, operates, and manages toll roads and bridges in the People’s Republic of China.
The company also offers passenger transportation and other supporting services. In addition, it engages in the real estate development; provision of advertising services; and sale of electricity and petroleum products.
Three key data points gauge
Jiangsu Expressway Co Ltd 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.
JEXYY Price
Jiangsu Expressway’s price is up 27% for the year as of May 9th’s closing market price, from $19.30 to $24.50.
JEXYY Dividends
Jiangsu Expressway Co Ltd has paid variable annual dividends since April, 2011. The current forward looking annual dividend of $1.32 yields 5.39% per Friday’s May 9th market price.
JEXYY Returns
Putting it all together, a $4.72 estimated gross gain per share shows up when adding JEXYY’s annual $1.32 dividend to an estimated $3.40 annual price gain, totaling that $4.72 gross gain amount.
A little over $1000 investment at the recent $24.50 price would buy 41 shares which, multiplies the $4.72 gross gain to $193.52.
Furthermore about 28% of that gain comes from the $53.90 in dividends generated from a $1,000 investment which amounts to about 2.2 times greater than the recent $24.50 single-share price.
(A dividend dogcatcher rule is to never buy a dividend from $1000 invested that pays less than the cost of a single share.)
Therefore, you may choose to pounce on Jiangsu Expressway and its 5.39% dividend yield along with its 14 year dividend record.
The exact track of JEXYY’s future 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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