Image Source: Pexels

Pro-Ship Inc (PSHPF) was founded in 1969 and is headquartered in Tokyo, Japan

The Corporation develops and markets software packages.

It operates through Package Solutions and Others segments.

The company was formerly known as Japan M.I.S. Co.,Ltd. and changed its name to Pro-Ship Incorporated in May 2001. 

Three key data points gauge Pro-Ship 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.

PSHPF Price

Pro-Ship share price rose 26.3%from $8.70 to $10.99 over the past year per Thursday’s market price.

No analysts cover the stock.

However 2 years of price history show PSHPF stock price growing an average of$0.94 per year.

That increase could move the stock price to $11.00 by next August.

PSHPF Dividends

Pro-Ship has paid annual dividends since June, 2022.

The current forward looking annual dividend of $0.22 yields 2.17% per Thursday’s $10.14 share price.

PSHPF Returns

Putting it all together, a $1.08 estimated gross gain per share shows up when adding Pro-Ship’s annual $0.22 dividend to an estimated $0.86 annual price gain.

A little over $1000 invested at the recent $10.14 share price would buy 99 shares which, multiply the $1.08 gross gain to an estimated $106.51 for the coming year.

About 20.4% of that $106.00 gain comes from the $21.70 in annual dividends generated from your $1,000 investment.

Besides, the $21.70 annual dividend from your $1k investment is over 2 times greater than the recent $10.14 single-share price.

(A dividend dogcatcher rule is to only buy initial shares of 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 PSHPF to get that current $21.70 annual dividend income that has been paid out over the past 3 years.

The exact track of PSHPF’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:

Summary Report: Otsuka
Summary Report: Ituran Location & Control
Summary Report: Hon Hai Precision