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 a semiconductor firm. It’s a mid-cap stock with market capital of between $2 billion and $10 billion. Its name is Cypress Semiconductor CorporationIts trading ticker symbol is CY.
Cypress Semiconductor Corp operates as a semiconductor company in the United States and internationally. It delivers various high-performance, mixed-signal, programmable solutions also known as chips.
The company serves various markets, including automotive, industrial, consumer, computation, communications, video, and medical markets.
Cypress Semiconductor Corporation sells its chips through distributors and manufacturing representative firms, as well as through sales force directly to original equipment manufacturers.
The company was founded in 1982 and is headquartered in San Jose, California.
I use three key data points gauge the value of any dividend equity or fund like Cypress Semiconductor (CY):
(1) Price
(2) Dividends
(3) Returns
CY Price
Cypress Semiconductor’s price was $16.53 per share at yesterday’s market close.A year ago its price was $14.09 for a gain of $2.44 per share in the past year.
Assuming Cypress Semiconductor’s price will trade between the range of $13.00 to $19.00 next year, its price could grow another $2.44 from $16.53 to $18.97 by April, 2019.
