Image Source: UnsplashVeolia (VEOEY) is the largest water company globally and a leading player in France. It is also involved in waste management with significant exposure to France, the United Kingdom, Germany, the United States, and Australia.The third pillar of the group is energy services, giving the group significant exposure to Central Europe. Veolia started to refocus its activities in 2011, leading to the exit of almost half of its countries and its transport activity.The integration of most activities of the historical rival Suez in 2022 drove a turnover increase of nearly 40%.The company was formerly known as Vivendi Environnement and changed its name to Veolia Environnement SA in January 2003.Veolia Environnement SA was founded in 1853 and is headquartered in Paris, France.Three key data points gaugeVeolia Environnement SA or any dividend-paying firm.The key three are:(1) Price(2) Dividends(3) ReturnsThose three basic keys best tell whether any company has made, is making, and will make money.VEOEY PriceOver the past year, Veolia’s share price rose 10.6% from $14.28 to $15.68 as of Thursday’s market close.If Veolia shares trade in the range of $13 to $20.00 this next year, its recent $15.80 share price might rise to $18.00 by next year. Of course, Veolia’s price could drop about the same $1.50 estimated amount or more.My annual upside estimate of $1.50 however, is calculated at about  $0.02 below the average Veolia past-year price gain.VEOEY DividendVeolia Environnement SA has paid variable annual dividends since June 2004. Veolia’s recent dividend of $0.61 was declared on April 21, 2023, to shareholders of record on May 5th, and the payout was made on May 26th.A forward-looking $0.61 annual dividend yields 3.86% at Thursday’s $15.80 share price.VEOEY ReturnsTo put it all together, add Veolia’s stated annual dividend of $0.61 to the estimated price upside of $1.50 to find a $2.11 gross gain.At Thursday’s $15.80 share price, a little under $1000 would buy 63 shares.A $10 broker fee (if charged), paid half at purchase and half at sale, would cost us about $0.16 per share.Subtracting that likely $0.16 brokerage cost from the $2.11 gross gain produces a net gain of $1.95 X 63 shares = $122.85 for a 12.3% estimated net gain on the year.You might choose to pounce on Veolia Environnement SA It is a 171-year-old dividend-paying french water and energy technology company.  Furthermore, the estimated $38.60 annual dividend income from $1k invested is 2.4 times greater than Veolia’s recent $15.80 single share price.The exact track of Veolia Environnement SA’s ongoing future price and dividend will be determined by market action.Remember the true value of any stock is best realized through personal ownership of shares.More By This Author:Daily Stock Analysis: Park Aerospace
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