Current Report: Opera Ltd


Image Source: PixabayOpera Ltd (OPRA) is a worldwide internet brand with a large, engaged, and growing base. Its products and services include a variety of PC and mobile browsers, Opera Gaming portals and development tools, Opera News content recommendation products, and a number of e-commerce products and services.Features include tabbed browsing, data savings, PC/mobile sync, and numerous features focused on privacy and security, including ad-blocking and a built-in VPN.Its browser products include Opera Mini, Opera Browser for Android and iOS, Opera for Computers, Opera GX, and Opera GX Mobile, and separate browsers tailored for gamers.The newest browser is a beta release of a Web3-centric browser for PC and mobile which is tailored for crypto enthusiasts.In addition, the company operates Opera Ads, an online advertising platform; and offers Web3 and e-commerce services.Opera Limited was founded in 1995 and is headquartered in Oslo, Norway. Opera Limited is a subsidiary of Kunlun Tech Limited.Three key data points gauge Opera Ltd 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.OPRA PriceShare price rose about 81.7% in the past year from $10.86 to $19.73 as of Wednesday’s market close.In the past 3 years, the company’s share price has ranged from $3.97 to $27.83 (Its all-time high of $28.58 was reached July 13, 2023.The company may repeat its average of the past three years of annual performance and its price could grow by $3.47 next year to $23.20.OPRA DividendOpera Ltd has paid variable semi-annual dividends since February 9, 2023. The company’s most recent SA dividend of $0.40 was declared Don ecember 12th for shareholders of record prior to January 6th and the payout was made on January 13th. A forward-looking annual dividend of $0.80 yields 4.05% per Wednesday’s closing price.OPRA ReturnsPutting it all together, a $4.27 estimated gross gain per share shows up by adding OPRA’s annual $0.80 dividend to the estimated $3.47 annual price gain, totaling that $4.27 gross amount.A little over $1000 buys 51 shares at Friday’s $19.73 share price.A $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.20 per share out of the $4.27 gross gain to give us a net gain of $4.07 X 51 shares = $207.57 for about a 20.5% estimated net gain on the year.Furthermore, the $40.50 annual dividend income from $1k invested in Opera Ltd is over 2 times greater than the single-share price. By these numbers, Opera Ltd may be an ideal dividend dog.Therefore, you may choose to pounce on Opera Ltd as a 30-year-old semi-annual dividend-paying Norwegian Internet access company with a 3-year dividend record.The exact track of Opera Ltd’s future price and dividend will entirely be determined by market action and company finances.Remember the best way to track stock performance and dividend payments is through direct ownership of company shares.More By This Author:Current Report: Jiayin Group
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