Current Report: Exco Technologies Ltd


Image Source: PixabayTM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Exco Technologies Ltd  (EXCOF) is a designer, developer, and manufacturer of dies, molds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries.The company reports in two business segments namely, the Casting and Extrusion segment and Automotive Solutions segment.It generates maximum revenue from the Automotive Solutions segment which produces automotive interior components and assemblies for seating, cargo storage, and restraint for sale to automotive manufacturers and Tier 1 suppliers.The company has operations in Canada, the United States, Europe, Mexico, Morocco, Asia, and internationally.Exco Technologies Limited was founded in 1952 and is based in Markham, Canada.Three key data points gauge EXCOF 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.EXCOF PriceOver the past year, Exco’s share price went up 13% from $  $5.54 to $6.26 as of Monday’s market close.In the past 10 years, the company’s share price has rarely been less than $3.10 nor higher than $13.33. Exco’s all-time high price reached $13.33 in April 2015.If shares trade in the range of $5.10 to $7.50 this next year, the recent  $6.26 share price might grow to $6.85. Of course, EXCOF share price could also drop about the same $0.59 estimated amount or more.My $0.59 price upside estimate is based on the median of EXCOF’s one-year average price upsides over the past two years.EXCOF DividendExco Technologies has paid variable quarterly dividends since June 2004. The company’s most recent Q dividend of $0.08 was declared July 31st for shareholders of record September 13th and the payout was made September 27th.The $0.31 Annual dividend yields 4.92%, as of Monday’s closing price.EXCOF ReturnsPutting it all together, a $0.90 estimated annual gross gain per share shows up by adding Exco’s annual $.31 dividend to the estimated price upside of $0.59, totaling that 0.90 gross gain.Slightly over $1000 buys 160 shares at Monday’s $6.26 price.A $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.0625 per share out of the $0.90 gross gain to give us a net gain of $0.8375 X 160 shares = $134.00 for about a 13.4% estimated net gain for the year.Furthermore, the $49.40 annual dividend paid from $1k invested is nearly 8 times more than the $6.26 single share price. By these numbers, EXCOF might be an ideal dividend dog.You might choose to pounce on Exco Technologies  It is a 72-year-old Quarterly dividend-paying Canadian-based die-cast, extrusion, and auto parts manufacturer with a 20-year quarterly dividend record.The exact track of EXCOF’s future price and dividend will entirely be determined by market action and company finances.Remember the best measure of stock values is direct ownership of them.More By This Author:Current Report: Xerox Holdings Corp
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