Based in Germany, BASF, bearing the ticker symbol BASFY, is the world’s largest chemical company, with products spanning the full chemical spectrum of commodity to specialty.In addition, the company is a strong player in agricultural crop protection chemicals and emissions control catalysts for cars and trucks. Given its sheer size, BASF has a top-three market position in approximately 70% of its businesses.The company also engages in engineering and other; rental and leasing; and commodity trading activities. BASF SE was founded in 1865 and is headquartered in Ludwigshafen am Rhein, Germany.Three key data points gauge BASF or any dividend paying firm. The key three are:(1) Price(2) Dividends(3) ReturnsThose three basic keys also best tell whether any company has made, is making, and will make money. BASFY PriceOver the past year, BASF share price increased 1% from $11.94 to $12.08 as of Friday’s market close.If BASF shares trade in the range of $10.50 to $15.00 this next year, its recent $12.11 share price might rise to $14.50 by next year. Of course, BASFY price could also drop about the same $2.89 estimated amount, or more. My $2.89 upside estimate is $0.24 under the median of 1 year target estimates fro three analysts tracking BASF for brokers. BASFY DividendBASF has paid Annual variable dividends since May 2017.BASF’s most recent A dividend of $0.91 was declared April 4th for shareholders of record April 26th and the dividend was paid May 10th.A forward looking $0.91 annual dividend yields 7.51% at Friday’s closing share price. BASFY ReturnsTo put it all together, add the BASF SE projected annual dividend of $0.91 to the estimated price upside of $2.89 to get a $3.80 estimated gross gain per share for the coming year.At Friday’s $12.11 share price, a little over $1000 would buy 83 shares.A $10 broker fee (if charged), paid half at purchase and half at sale, would cost us about $0.12 per share.Subtracting that likely $0.12 brokerage cost from the $3.90 estimated gross gain reveals a net gain of $3.78 X 83 shares = $313.74 for about a 30% estimated net gain on the year.Furthermore, the $75.10 annual dividend income from $1K invested is over 6.2 times more than the $12.11 single share price. By these numbers, BASFY is an ideal dividend dog. You might choose to pounce on BASF SE. It is a 159 year-old dividend-paying Ludwigshafen am Rhein, Germany-based chemical company that has a 7 year track record paying annual variable dividends.The exact track of BASFY future price and dividend will entirely be determined by market action.Remember the true value of any stock is best realized through personal ownership of shares.More By This Author:Current Analysis: Manilla Electric
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