Summary Report: Ethan Allen Interiors
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Founded in 1932 and headquartered in Danbury CT, Ethan Allen Interiors (ETD) operates as an interior design company, and manufacturer and retailer of home furnishings in the United States and internationally.
Three key data points gauge ETD or any dividend paying entity, namely:
(1) Price
(2) Dividends
(3) Returns
Those three keys also indicate if any company has made, is making, and will make money.
ETD Price
Ethan Allen share price fell 2.23%from $30.04 to $29.37 over the past year per Tuesday’s market price.
Three analysts cover the stock and set a price target at $30.00.
ETD Dividends
Ethan Allen has paid quarterly variable dividends since July 1996.
The current forward looking annual $1.56 dividend yields 5.32% per Monday’s $29.37 share price.
ETD Returns
Putting it all together, a $2.26 estimated gross gain per share shows up when adding ETD’s annual $1.56 dividend to an estimated 0.70 annual price gain.
A little under $1000 invested at the recent $29.30 share price would buy34 shares which, multiply the $2.26 gross gain to an estimated $77.13 for the coming year.
About 69% of that $77.00 gain comes from the $53.20 of annual dividends generated from your $1,000 investment.
Besides, the $53.20 annual dividend from your $1k investment is almost 2 times greater than the recent $29.30 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 ETD to get that current $54.20 annual dividend income that has been paid out over the past 29 years.
The exact track of ETD’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.
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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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