Summary Report: Steven Madden
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Steven Madden Ltd. (SHOO), was incorporated in 1990 and is headquartered in Long Island City, New York.
Madden designs, sources, and markets fashion-forward branded and private label footwear, accessories, and apparel in the United States and internationally.
Three key data points gauge SHOO or any dividend-paying entity, namely:
(1) Price
(2) Dividends
(3) Returns
Those keys also show if any company has made, is making, and will make money.
SHOO Price
Madden’s share price decreased over 39% in the past year from $41.96 to $25.55 as of Tuesday’s closing price (yesterday).
SHOO Dividends
Madden has paid regular quarterly dividends since March 2018.
The current forward-looking annual dividend of $0.84 yields 3.29% per Tuesday’s $25.57 closing price.
SHOO Returns
Putting it all together, a $2.87 estimated gross gain per share shows up when adding Madden’s annual $0.84 dividend to an estimated $2.03 annual price gain.
That one-year average annual price gain, plus the dividend, makes that $2.87 gross gain.
A little under $1000 invested at the recent $25.57 share price would buy 39 shares, which multiply the $2.87 gross gain estimate up to $112.24
Furthermore, over 34% of that $112 gain comes from the $32.90 in annual dividends generated from your $1,000 investment.
Besides, the $32.90 annual dividend amounts to almost 29% over the recent $25.57 single-share price.
(A dividend dogcatcher rule is to only buy 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 Steven Madden Ltd and its 3.29% dividend yield along with its 7-year dividend record.
The exact track of SHOO's future share prices 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 ...
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