The basic materials sector includes thirteen industries all related to mining, making and delivering essential commodities. The basic material industries are: agricultural inputs; aluminum; building materials; chemicals; coal; copper; paper; silver; specialty chemicals; steel.
Today I’m reviewing an agricultural inputs company, Israel Chemicals Ltd. It’s trading ticker symbol is ICL.
Israel Chemicals Ltd is a specialty minerals company that develops, manufactures, markets and sells fertilizers. Its business segments are two: Essential Minerals, and Specialty Solutions.
The company sells its products through marketing companies, agents, and distributors.
Israel Chemicals Ltd. was founded in 1968 and is headquartered in Tel Aviv, Israel.
Three primary keys are used to gauge dividend equities or funds like Israel Chemicals Ltd.:
(1) Price
(2) Dividends
(3) Returns
Beside those three, four more keys unlock an equity or fund in which to invest.
Those first three primary keys, however, best tell whether a company has made, is making, and will make money.
ICL Price
Israel Chemicals’s price at yesterday’s (Tuesday) market close was $4.40 per share. A year ago its price was $4.30. Indeed, it gained $.10 per share in the past year.
ICL stock last year traded in about a one dollar range from a low of $3.85 to a high of $4.85
Assuming Israel Chemicals price trends up $0.10 this coming year its value will increase from $4.40 to $4.50, or about 2%.
ICL Dividends
Israel Chemicals’s most recent annualized dividend was $0.16 paid quarterly in January, April, June, December.
The annual dividend for 2018 is estimated at $0.17 payable in quarterly beginning in March
The yield from that $0.17 annual dividend was 3.9% at Tuesday’s $4.40 price.
Gains For ICL?
Adding the $0.17 dividend to the hypothetical $0.10 estimated year over year price gain shows a potential $0.17 gross gain for the coming year.
