Image Source: TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.ProCredit Holding AG & Co KGaA () provides financial products as services. It performs general banking functions like accepting deposits, providing loans, current and savings accounts, and other banking services.The company’s geographical segments are South-Eastern Europe, consisting of seven banks in the following nations: Albania, Bosnia and Herzegovina, Bulgaria (including branch operations in Greece), Kosovo, North Macedonia, Romania, and Serbia,. It also serves Eastern Europe, with three banks located in the nations of, Georgia, Moldova, and Ukraine, In South America, it has one bank in Ecuador. It also has the ProCredit Bank in Germany, ProCredit Holding, Quipu, and the ProCredit Academy in Furth.The company was formerly known as Internationale Micro Investitionen AG and changed its name to ProCredit Holding AG in 2019.The company was founded in 1998 and is based in Frankfurt am Main, Germany.Three key data points gauge PRRCF or any dividend-paying firm.The key three are:(1) Price(2) Dividends(3) ReturnsThose three keys also best tell whether any company has made, is making, and will make money.PRRCF PriceOver the past year, ProCredit Holding’s share price rose 151% from $3.70 to $9.29 as of Wednesday’s market close. In the past 5 years, the company’s share price has never been less than $3.70 nor higher than $11.00.If shares trade in the range of $8.00 to $11.00 this next year, the recent $9.29 share price might reach $10.00. Of course, the PRRCF price could also drop about the same $0.71 estimated amount or more.My $0.71 upside estimate is based on the average of one-year price increases over the past four years. It is a thinly traded stock that settled at $3.70 for over one year and one-half, from May 2022 to December 2023. Beware!PRRCF DividendProCredit Holding has paid sporadic annual dividends since May 2017, skipping the years 2020, 22, and 23. The most recent $0.6964 A dividend was declared April 24th, for shareholders of record June 5th, and the dividend was paid June 7th. A forward-looking $0.70 annual dividend yields 7.53% at Wednesday’s closing price.PRRCF ReturnsPutting it all together, a $1.41 estimated one-year gross gain per share shows up by adding ProCredit Holding’s $0.70 estimated annual dividend to the estimated price upside of $0.71, making that $1.41 gross gain total.A little over $1000 buys us 108 shares at the $9.29 share price.A $10 broker fee (if charged for an ADR stock), paid half at purchase and half at the sale, takes about $0.0925 per share out of the $1.41 gross gain to give us a net gain of $1.3175 X 109 shares = $143.61 for about a 14.35% estimated net gain for the year.Furthermore, the $75.30 annual dividend income from $1K invested (if paid) is over 8 times more than the $9.29 share price. By these numbers, PRRCF might be an ideal dividend dog at this time.Thus, you might choose to pounce on PRRCF It is a 26-year-old annually variable dividend-paying New York-based specialty lending company with a 7-year record paying sporadic annual dividends.The exact track of PRRCF’s future price and dividend will entirely be determined by market action, which is thin.Remember the true value of any stock is best realized through personal ownership of shares.More By This Author:
Current Report: ProCredit Holding
