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.Kanadevia Corp (HIZOF) is engaged in designing, constructing, and manufacturing Waste Energy plants, desalination plants, water and sewage treatment plants, marine diesel engines, press machines, process equipment, precision machinery, bridges, hydraulic gates, and equipment for use in disaster prevention/mitigation.Further, it offers all-solid-state lithium-ion batteries and Zeolite Membrane Elements.The company was formerly known as Hitachi Zosen Corporation and changed its name to Kanadevia Corporation in October 2024.Kanadevia Corporation was founded in 1881 and is headquartered in Osaka, Japan.Three key data points gauge Kanadevia Corp 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.HIZOF PriceShare price increased about 7.8% in the past year from $6.56 to $6.05, as of Wednesday’s market close.In the past 3 years, the company’s share price has ranged from $5.21 to $6.96. Its all-time high of $8.25 was reached in March 2001.If shares trade in the range of $5.50 to $8.00 this next year, the recent $6.05 share price might grow to $7.80 Of course, HIZOF shares could also drop about the same $1.75 estimated amount, or more.My $1.75 price upside estimate is based on the one-year price gain from October 2023 to October 2024.HIZOF DividendKanadevia Corp has paid variable annual dividends since January 2000. The company’s most recent dividend of $0.14 was declared May 10th, 2024 for shareholders of record prior to March 28th and the payout will likely be made June 20th. A forward-looking annual dividend of $0.14 yields 2.37% per Wednesday’s closing price.HIZOF ReturnsPutting it all together, a $1.89 estimated annual gross gain per share shows up by adding HIZOF’s annual $0.14 dividend to the estimated $1.75 annual price gain, totaling that $1.89 amount.A little over $1000 buys 165 shares at Wednesday’s $6.05 share price.A $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.06 per share out of the $1.89 gross gain to give us a net gain of $1.83 X 165 shares = $301.95 for about a 30.2% estimated net gain on the year.Furthermore, the $23.70 annual estimated dividend income from $1k invested in HIZOF is 3.9 times more than the $6.05 single-share price. By these numbers, HIZOF may be an ideal industrial dividend dog.Therefore, you may choose to pounce on Kanadevia Corp. It is a 144 year-old annual dividend-paying disaster mitigation company with a 25-year dividend record.The exact track of Kanadevia Corp’s future price and dividend will entirely be determined by market action and company finances.Remember the best way to track dividend payments is through direct ownership of company shares.More By This Author:Current Report: Global Ship Lease
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