ITFOR Inc (ITFRF) is an information technology service management company. The firm develops total solutions, from consulting, to system configuration, customer specific solution development, operation, and management for network security.The company’s service portfolio comprises financial solution systems, call-centre SI services, e-commerce site construction solution, RPA business automation solutions, and network security solutions.The company was formerly known as CJK Co. Ltd. and changed its name to ITFOR Inc. in 2000. ITFOR Inc. was founded in 1972 and is headquartered in Tokyo, Japan.Three key data points gauge ITFOR Inc, 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.
ITFRF PriceShare price rose about 6.6% in the past year from $8.18 to $8.72, as of Monday’s market close.In the past 2 years the company’s share price has ranged from $5.76 to $9.30 which was Its all-time high reached March 13, 2024.If shares trade in the range of $7.20 to $11.20 this next year, the recent $8.72 share price might grow to $10.20 Of course, ITFRF shares could also drop about the same $1.48 estimated amount, or more.My $1.48 price upside estimate is based on the average one year gain by ITFOR over the past two years.
ITFRF Dividend
ITFOR Inc has paid variable semi- annual dividends since June 2022. The company’s most recent SA dividend of $0.17 was declared May 9th for shareholders of record prior to September 27th and the dividend was paid December 2nd. A forward looking annual dividend of $0.33 yields 3.83% per Monday’s closing price.
ITFRF ReturnsPutting it all together, a $1.81 estimated annual gross gain per share shows up by adding ITFOR Inc’s annual $0.33 dividend to the annual average $1.48 average annual price gains, totals that $1.81 estimated gross gain.A little over $1000 buys 115 shares at Friday’s $8.72 share price.A $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.09 per share out of the $1.81 gross-gain to give us a net gain of 1.72 X 115 shares = $197.80 for about a 19.8% estimated net gain on the year.Furthermore, the $38.30 annual estimated dividend income from $1k invested in ITFRF is over 4.4 times greater than the $8.72 single-share price. By these numbers, ITFRF could be an ideal technology dividend dog.Therefore, you may want to pounce on ITFOR Inc. It is a 53 year-old variable semi-annual dividend paying info tech with a 3 year dividend record.The exact track of ITFOR Inc future price and dividend will entirely be determined by market action and company finances.More By This Author:Current Report ASE Technology
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