Current Report: Metropolitan Bank & Trust
Image Source: Pixabay
Metropolitan Bank & Trust Co (MTPOY) is a Filipino bank that provides a diverse range of banking and collateral services.
The company has four segments, namely Consumer Banking, Corporate Banking, Investment Banking and Others.
The Group operates in the Philippines, Asia, the USA, and Europe.
Metropolitan Bank & Trust Co was incorporated in 1962 and is headquartered in Makati City, the Philippines.
Three key data points gauge Metropolitan Bank & Trust Co., or any dividend-paying firm.
The key three are:
(1) Price
(2) Dividends
(3) Returns
Those three keys also best tell whether any company has made, is making, and will make money.
MTPOY Price
Metropolitan Bank & Trust Co’s price increased about 22% in the past year from $22.00 to $24.35 as of Thursday’s market close.
In the past 5 years, the company’s share price has ranged from $13.48 to $28.27 (the all-time high, reached March 5th.)
Should the company conform to the $1.75 average of one-year price gains made over the past five years, MTPOY's share price could grow to $25.70 in the coming year.
MTPOY Dividend
Metropolitan Bank has paid variable dividends since June 2014 and switched from annual the semi-annual frequency in April 2022.
The company’s most recent SA dividend of $1.21 was declared February 20th for shareholders of record prior to March 6th, and the payout is due April 24th.
A forward-looking annual dividend of $2.42 yields 9.94% per Thursday’s $24.55 closing price.
MTPOY Returns
Putting it all together, a $3.77 estimated gross gain per share shows up by adding Metropolitan Bank & Trust’s annual $2.42 dividend to the estimated $1.35 estimated annual gross price gain, totaling that $3.77 amount.
A little under $1000 buys 41 shares at Wednesday’s $24.35 share price.
A $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.24 per share out of the $3.77 gross gain to give us a $3.53 net amount per share to multiply by 41 shares.
That result comes to $144.73 for about a 14.5% estimated net gain in the coming year.
Furthermore, $99.20 in annual dividend income from your $1,000 investment in Metropolitan Bank & Trust Co is over 4 times greater than the $24.35 single-share price.
By these numbers, MTPOY could be considered to be an ideal dividend dog by my dogcatcher standards.
Therefore, you may choose to pounce on Metropolitan Bank &trust Co. as a 63-year-old semi-annual dividend-paying Philippine commercial and investment bank service with an 11-year dividend payment record.
The exact track of MTPOY'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 the company.
More By This Author:
Current Report: Janus Henderson
Stock Analysis: Huntington Bancshares
Stock Analysis: Gladstone Capital
Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...
more