Stock Analysis: Reynolds Consumer Products
Image Source: Unsplash
Founded in 2010 and is headquartered in Lake Forest, IL, Reynolds Consumer Products, Inc. manufactures and sells household products.
It operates through four segments: (1)Reynolds Cooking and Baking, (2) Hefty Waste and Storage, (3) Hefty Tableware, and (4) Presto Products.
Three key data points gauge REYN or any dividend paying entity, namely:
(1) Price
(2) Dividends
(3) Returns
Those keys also indicate if any company has made, is making, and will make money.
REYN Price
Reynold’s share price was down last year from$27.69 to $25.62 per Thursday’s market price. Eight analysts cover the stock.
The medan of those eight one year price targets was $27.00.
That $1.38 annual increase, of course, could also stay flat, or decline, per market action.
REYN Dividends
Reynolds has paid a $0.23 quarterly dividend since November, 2021.
The current forward-looking annual dividend of $0.92 yields 3.58% as of Thursday’s share price.
REYN Returns
Putting it all together, a $2.30 estimated gross gain per share shows up when adding REYN’s annual $0.92 dividend to the eight-analyst- estimated $1.38 annual price gain.
A little over $1000 invested at Thursday’s $25.67 share price would buy 39 shares which, multiply the $2.30 estimated gross gain to $89.60 for the coming year.
About 40% of that $90 gain comes from the annual $35.80 dividend generated from your $1,000 investment. Furthermore, the $35.80 annual dividend income from $1,000 invested is about 1.4 times greater than the recent $25.67 single-share price.
(A dividend dogcatcher rule is to only buy initial shares of a stock that pay an annual dividend from $1000 invested that is greater than the cost of a single share.)
0.4 is more than 0.
Therefore, you could choose to pounce on Reynolds Consumer Products with itsdividend payout 0.4 times above the single share-price.
The exact track of REYN’s future share price 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:
Current Report: High Liner Foods
Current Report: General Mills
Current Report: Conagra Brands
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 ...
more