Image Source: PixabayGlobe Telecom Inc (GTMEY) provides mobile, voice, and broadband services. Its operating segments are Mobile Business, Fixed Line, and Broadband Business.Mobile involves traditional mobile services and contributes the majority of company revenue. Within the mobile division, the majority of subscribers are considered prepaid customers.The other division, fixed-line and broadband, provides fixed-line voice services, corporate data, and Internet for its customers.The company generates the vast majority of its revenue in the Philippines.Globe Telecom, Inc. was formerly known as GMCR, Inc. and changed its name to Globe Telecom, Inc. in August 1998.The company was incorporated in 1935 and is based in Taguig City, the Philippines.Three key data points gauge GlobeTelecom 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.GTMEY PriceShare price rose about 20.3% in the past year from $27.87 to $33.52 as of Monday’s market close.In the past 3 years, the company’s share price has ranged from $67.81 to $27.87. (Its all-time high of $69.92 was reached November 11, 2021.The company may repeat its average nine years of annual past performance and its price could grow by $1.67 next year to $35.19.GTMEY DividendGlobe Telecom Inc. has paid variable quarterly dividends since December 26, 2014. The company’s most recent Q dividend of $0.43 was declared on November 8th for shareholders of record prior to November 21st and the payout was made on December 23rd. A forward-looking annual dividend of $1.72 yields 5.13% per Monday’s closing price.GTMEY ReturnsPutting it all together, a $3.39 estimated gross gain per share shows up by adding Globe’s annual $1.72 dividend to the estimated $1.67 annual price gain, totaling that $3.39 gross amount.A little over $1000 buys 30 shares at Friday’s $33.52 share price.A $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.333 per share out of the $3.39 gross gain to give us a net gain of $3.057 X 30 shares = $91.71 for about a 9% estimated net gain on the year.Furthermore, the $51.30 annual dividend income from $1k invested in Globe Telecom is over 1.5 times greater than the single-share price. By these numbers, Globe may be an ideal dividend dog.Therefore, you may choose to pounce on Globe Telecom Inc. as a 90-year-old quarterly dividend-paying landline and wireless company with an 11-year dividend record.The exact track of Globe Telecom’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 shareMore By This Author:Current Report: Cogeco Communications
Current Report: Viatris Inc
Current Report: Tsumura
