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TM Editor's Note: This article discusses one or more penny stocks and/or microcaps. Such stocks are easily manipulated; do your own careful due diligence.
 

Incorporated in 1968 and based in Markham, Canada, Extendicare Inc. (EXETF) offers long term care services, and home health care services, such as nursing care, occupational, physical and speech therapy, and assistance with daily activities, as well as management, consulting, and other services to third parties.

It operates through the Extendicare, ParaMed, Extendicare Assist, and SGP Purchasing Partner Network brand.

Three key data points gauge Extendicare 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.

EXETF Price

Extendicare share price rose 48%  from $6.42 to $9.51 over the past year per last Friday’s market price.

No analysts cover the stock. However 5 years of price history show EXETF stock price growing an average of  $1.00 per year.

That increase could move the stock price to $10.51 by next September.

EXETF Dividends

Extendicare has paid monthly variable dividends since January, 2007.

The current forward looking annual dividend of $0.37 yields 3.86% per Friday’s $9.51 share price.

EXETF Returns

Putting it all together, a $1.37 estimated gross gain per share shows up when adding Extendicare’s annual $0.37 dividend to an estimated $1.00 annual price gain.

A little under $1000 invested at the recent $9.51 share price would buy 105 shares which, multiply the $1.08 gross gain to an estimated $144.06 for the coming year.

About 26.8% of that $144.00 gain comes from the $38.60 of annual dividends generated from your $1,000 investment.

Besides, the $38.60 annual dividend from your $1k investment is over 4 times greater than the recent $9.51 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 EXETFF to get that current $38.60 annual dividend income that has been paid out over the past 18 years.

The exact track of EXETF’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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