Summary Report: Haliburton
Image Source: Pixabay
Halliburton Company (HAL) was founded by Erle P. Halliburton in 1919 and is based in Houston, Texas.
The Corporation provides products and services to the energy industry.
Three key data points gauge HAL 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.
HAL Price
Halliburton's shares price dropped about 13.7% from $31.85 to $20.87 over the past year, as of Wednesday’s price. Twenty-six analysts cover the stock, and the median of their one-year target estimates suggests HAL's stock price growing to $26.50 over the coming year.
HAL Dividends
Halliburton has paid dividends quarterly since September 21, 1989.
The current forward-looking annual dividend of $0.68 yields 3.26% per Wednesday’s $20.87 share price.
HAL Returns
Putting it all together, a $6.31 estimated gross gain per share shows up when adding HAL’s annual $0.68 dividend to an estimated $5.63 annual price gain.
A little over $1000 invested at the recent $20.87 share price would buy 48 shares which, multiply the $7.02 gross gain to an estimated $302.35 for the coming year.
About 11% of that $230.00 gain comes from the $32.60 in annual dividends generated from your $1,000 investment.
Besides, the $32.60 annual dividend from your $1k investment is nearly 36% greater than the recent $20.87 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 HAL to get that current $32.60 annual dividend income that has been paid out over the past 36 years.
The exact track of HAL’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: Global Ship Lease Inc
Summary Report: Energizer
Summary Report: Deluxe
Disclaimer: Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein ...
more