Every New York stock exchange trading day I'm posting a daily dividend stock or fund review. I'll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I've named the Safari to Sweet Success.
This week the portfolio I'm building (my Safari To Sweet Success portfolio) seeks a high-yield and growing stock in the technology sector.
The technology sector includes nineteen industries ranging from communication equipment, computers, consumer electronics, and contract manufacturing, to health and information technology and services to internet, scientific instruments, software, solar and all such technological enterprises.
Today I'm reviewing a Mid-Cap Taiwan-based semiconductor firm that offers wafer foundry and new business solutions worldwide. The company's name is United Microelectronics Corporation. Its trading ticker symbol is UMC.
UMC provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. The company also engages in the research, development, and manufacture of products in the solar energy and light-emitting diode industries.
It serves fabless design companies and integrated device manufacturers. The company operates primarily in Taiwan, Singapore, China, Japan, Europe, and the United States.
United Microelectronics Corporation was founded in 1980 and is headquartered in Hsinchu City, Taiwan.
I use three key data points gauge the value of any dividend equity or fund like United Microelectronics Corporation (UMC):
(1) Price
(2) Dividends
(3) Returns
After those three, four more keys will finally unlock an equity or fund in which to invest.
No matter what, it's the first three primary traits that best tell whether a company has made, is making, and will make money.
UMC Price
United Microelectronics's price was $2.70 per share at Friday's market close. A year ago its price was $2.02 for a gain of $0.68 per share in the past year.