Image Source: PixabayTM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Evertz Technologies Ltd (EVTZF) is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries. Evertz equipment is used in the production, post-production, broadcast, and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers looking to support multi-channel digital and high definition television, and next generation Internet Protocol environments. More than half of the firm’s revenue is generated in the United States.The company serves content creators, broadcasters, specialty channels, and television service providers.Evertz Technologies Limited was founded in 1966 and is headquartered in Burlington, Canada.Three key data points gauge EVTZF 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.EFTZF PriceOver the past year, Evertz’s share price declined $0.18 or 2% as of Monday’s market close.In the past 10 years the company’s share price has rarely been less than $8.00 nor higher than $15.30. Its all time high of $19.19 was reached in February 2011.If shares trade in the range of $8.50 to $11.50 this next year, the recent $8.72 Evertz share price might grow to $9.00. Of course, EVTZF price could also drop about the same $0.28 estimated amount, or more.My $0.28 price upside estimate is based on the company’s average annual share price gain over the past two years.EVTZF DividendEvertz Technologies has paid variable quarterly dividends since January 2008. The company’s most recent Q dividend of $0.1435 was declared September 11 for shareholders of record September 17 and the payout was made September 25th.The $0.1435 Q equates to $0.574 annually and yields 6.58% at the current priceEVTZF ReturnsPutting it all together, a $0.75 estimated annual gross gain per share shows up by adding EVTZF’s annual $0.57 dividend to the estimated price upside of $0.28, making that $0.85 gross gain.Slightly over $1000 buys 115 shares at Mondays $8.72 price.A $10 broker fee (if charged), paid half at purchase and half at sale, could take about $0.085 per share out of the $0.85 gross-gain to give us a net gain of $0.765 X 115 shares = $87.98 for about a 8.8% estimated net gain for the year.Furthermore, the $65.80 annual dividend paid from $1k invested is over 7.5 times more than the $8.72 single share price. By these numbers, EVTZF might be an ideal dividend dog.Thus, you might choose to pounce on Evertz Technologies Ltd. It is a 58 year-old Q dividend-paying Canadian-based video production equipment maker with a 16-year Q dividend record.The exact track of EVTZF’s future price and dividend will entirely be determined by market action and company finances.Remember the true value of any stock is best realized through personal ownership of shares.More By This Author:Current Report: Asseco Poland
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