Current Analysis: Chemours


Image Source: PixabayThe Chemours Co (CC) is a global provider of chemicals. It delivers customized solutions with a wide range of industrial and specialty chemicals products for various markets including coatings, plastics, refrigeration, air conditioning, etc.The company’s operating segments include Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials. It generates maximum revenue from the Titanium Technologies segment. The Titanium Technologies segment is a producer of TiO2 pigment, a premium white pigment used to deliver whiteness, brightness, opacity, durability, efficiency, and protection across a variety of applications.Geographically, the company derives a majority of its revenue from North America.The company sells its products through direct and indirect channels, as well as through a network of resellers and distributors.The Chemours Company was incorporated in 2014 and is headquartered in Wilmington, Delaware.Three key data points gauge Chemours or any dividend paying firm.The key three are:(1) Price(2) Dividends(3) ReturnsThose three basic keys also best tell whether any company has made, is making, and will make money.CC PriceOver the past year, Chemours share price fell about 39% from $36.89 to $22.01 as of Monday’s market close.If Chemours shares trade in the range of $19.50 to $40.00 this next year, its recent $22.61 share price might rise to $26.50 by next year. Of course, CC price could also drop about the same $3.99 estimated amount, or more.My $3.99 upside estimate is $3.50 under the median of 1 year target estimates from ten analysts tracking Chemours for brokers.CC DividendThe Chemours Co has paid Quarterly variable dividends since December 2015.Chemour’s most recent Q dividend of $0.25 was declared April 29th for shareholders of record May 14th and the dividend was paid June 14th.A forward looking $0.91 annual dividend yields 4.42% at Monday’s closing share price.CC ReturnsTo put it all together, add the Chemours projected annual dividend of $1.00 to the estimated price upside of $3.99 to get a $4.99 estimated gross gain per share for the coming year.At Monday’s $22.62 share price, a little under $1000 would buy 44 shares.A $10 broker fee (if charged), paid half at purchase and half at sale, would cost us about $0.23 per share.Subtracting that likely $0.23 brokerage cost from the $4.99 estimated gross gain reveals a net gain of $4.76. X 44 shares = $209.44 for about a 20% estimated net gain on the year.Furthermore, the $44.20 annual dividend income from $1K invested is almost 2 times more than the $22.62 single share price. By these numbers, CC is an ideal dividend dog.You might choose to pounce on The Chemours Co. It is a 12 year-old dividend-paying Wilmington Delaware based chemical company that has a 10 year track record paying annual variable dividends.The exact track of Chemours future price and dividend will entirely be determined by market action.Remember the true value of any stock is best realized through personal ownership of shares.More By This Author:Current Analysis: BASF (BASFY)
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