Current Report: Xerox Holdings Corp


Image Source: PixabayXerox Holdings Corp (XRX) is an original equipment manufacturing and software company. Xerox operates in one segment–design, development, and sale of printing technology and related solutions–while deriving 60% of its revenue from the U.S. and 40% from international markets.The company is an OEM of multifunction printers, or MFPs (printers that can print, copy, and scan), focusing on large enterprise markets.Apart from equipment, the company provides post-sales services like managed print services–a service that helps to bring smart servicing and efficiencies to how employers use their print/copy equipment. Xerox is looking to enter new markets, like digital print packaging solutions and printed electronics.The company was formerly known as Xerox Corporation and changed its name to Xerox Holdings Corporation in August 2019.Xerox Holdings Corporation was founded in 1903 and is headquartered in Norwalk, Connecticut.Three key data points gauge XRX 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.XRX PriceOver the past year, Xerox’s share price was down 17% as of Thursday’s market close.In the past 10 years, the company’s share price has rarely been less than $9.50 nor higher than $39.50. XRX’s all-time high reached $168.45 in May 1999.If shares trade in the range of $9.00 to $12.00 this next year, the recent  $10.04 XRX share price might grow to $10.60. Of course, XRX’s share price could also drop about the same $0.56 estimated amount or more.My $0.56 price upside estimate is based on the median of XRX’s one-year price targets estimated by four analysts tracking the stock for brokers.XRX DividendXerox Holdings has paid variable quarterly dividends since January 1985. The company’s most recent Q dividend of $0.25 was declared August 1st  for shareholders of record September 30th and the payout is due October 31st.The $1.00 A dividend yields 9.96%, as of today’s (Thursday’s) closing price.XRX ReturnsPutting it all together, a $1.56 estimated annual gross gain per share shows up by adding XRX’s annual $1.00 dividend to the estimated price upside of $0.56, totaling that $1.56 gross gain.Slightly over $1000 buys 100 shares at Thursday’s $10.04 price.A $10 broker fee (if charged), taken half at purchase and half at sale, might take about $0.10 per share out of the $1.56 gross gain to give us a net gain of $1.46 X 100 shares = $146.00 for about a 14.5% estimated net gain for the year.Furthermore, the $99.60 annual dividend paid from $1k invested is nearly 10 times more than the $10.04 single share price. By these numbers, XRX might be an ideal dividend dog.You might choose to pounce on Xerox Holdings  It is a 121 year-old Quarterly dividend-paying Connecticut-based  MFP fabricator with a 14-year annual dividend record.The exact track of XRX’s future price and dividend will entirely be determined by market action and company finances.More By This Author:Current Report: United Microelectronics Corporation
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