Evertz Technologies Ltd () is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries.Evertz equipment is used in the production, post-production, broadcast, and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers,More than half of the firm’s revenue is generated in the United States. Evertz Technologies Limited was founded in 1966 and is headquartered in Burlington, Canada.Three key data points gauge Evertz 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.
EVTZF PriceEvertz’s share price was fluctuated in the past year but settled at $8.68 as of Friday’s market close.In the past 3 years the company’s share price has rarely been less than $8.00 nor more than $12.80.If shares trade in the range of $8.00 to $10.00 this next year, the recent $8.68 share price might grow to $9.00. Of course, EKTZF share price could also drop about the same $0.32 estimated amount, or more.My $0.32 price upside estimate is based on the average of the company’s annual price momentum over the past two years
EKTZF Dividend
Evertz has paid quarterly dividends since January 2008. The company’s most recent Q dividend of $0.1435 was declared September 11th for shareholders of record September 17th, and the payout was made September 25th.The estimated annual dividend of $0.57 yields 6.61% as of Friday’s closing price.
EVTZF ReturnsPutting it all together, a $0.89 estimated annual gross gain per share shows up by adding Evertz’s annual $0.57 dividend to the estimated price upside of $0.32, totaling that $0.89 gross gain.A little over $1000 buys 115 shares at Friday’s $8.68 share price.A $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.09 per share out of the $0.89 gross-gain to give us a net gain of $0.80 X 115 shares = $92.00 for about a 9% estimated net gain for the year.Furthermore, the $66.10 annual estimated dividend from $1k invested is over 7.5 times more than the $8.68 single share price. By these numbers, EVTZF could be a good dividend dog.Therefore, you might choose to pounce on Evertz Technologies Ltd. It is a 58 year-old Quarterly dividend paying Canadian video technology provider with a 16-year dividend record.The exact track of Evertz’s future price and dividend will entirely be determined by market action and company finances.Remember the best measure of stock value is through direct ownership of shares.More By This Author:
Current Report Evertz Technologies (EVTZF)
