Sega Sammy Holdings: Fun & Games & No Dividends
Every New York stock exchange trading day I'm posting a daily dividend stock or fund review. I'll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I've named the Safari to Sweet Success.
This week my latest portfolio seeks a high-yield and growing stock in the technology sector. That sector includes nineteen industries ranging from communication equipment, computers, consumer electronics, and contract manufacturing, to health and information technology and services to internet, scientific instruments, software, solar and all such technological enterprises.
Today I'm reviewing an electronic gaming & multimedia firm. It's a mid-cap stock with market capital of between $2 billion and $10 billion. Its name is Sega Sammy Holdings Inc. Its trading ticker symbol is SGAMF.
Sega Sammy Holdings Inc. develops and manufactures commercial-use video game machine, home-use video game software, and pachinko pinball machines. The primary geographic markets for its products are Japan, North America, Europe and elsewhere.
It operates in the entertainment industry in thee segments:
(1) Pachislot and Pachinko Machines;
(2) Entertainment Contents for digital games and amusment machines and centers, films, and toys;
(3) Resort Business for hotels, theme parks, and integrated resorts.
Sega Sammy Holdings Inc. was founded in 2004 and is based in Tokyo, Japan.
I use three key data points gauge the value of any dividend equity or fund like Sega Sammy Holdings (SGAMF):
(1) Price
(2) Dividends
(3) Returns
SGAMF Price
Sega Sammy's price was $15.22 per share at yesterday's market close.A year ago its price was $13.41 for a gain of $1.81 per share in the past year.
Assuming Magic Software's price will trade between the range of $10.00 to $18.00 next year, its price could grow another $1.81 from $15.22 to $17.03 by April, 2019.
SGAMF Dividends
Sega Sammy's most recent semi-annual dividend has never been declared.
Gains For SGAMC?
The $1.81 estimated year over year price gain is also the projected gross annual gain, which will be reduced by the cost to trade these shares.
$1,000.00 invested today at the $15.22 price buys 66 shares.
A $10 broker fee paid half at purchase and a half at sale subtracts about $0.15 per share Taking that $0.15 brokerage cost from the estimated $1.81 gross gain leaves a net gain of $1.66 X 66 shares = $109.56 or a 10.5% potential net gain on a $1,004.52 investment.
Therefore, Sega Sammy Holdings Inc. (whose ticker symbol is SGAMF), now shows a possible 10% net gain including no dividends.
No analysts cover this stock. Its most recent price move was a drop of2% from $15.56 to its present $15.22 between April fifth and sixth.
Those forward-looking numbers were conjecture based on past year performance.The actual results remain to be seen. They could turn out to be far higher or lower. More study is required for you to determine if Sega Sammy Holdings Inc. (SGAMF) is worth your time and money.
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 solicitation, ...
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