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 latest portfolio I'm building (my Safari To Sweet Success portfolio) seeks a high-yield and growing stock in the basic materials sector. That sector includes thirteen industries all tied to mined or manufactured commodities. Basic Materials Industries include: agricultural inputs, aluminum; building materials, chemicals, coal, copper, gold, industrial metals, lumber & wood, paper, silver, specialty chemicals, and steel.
Today I'm reviewing a Large Cap UK-based industrial metals and minerals firm operating as the third largest copper producer in Chile, and eight largest in the world. The company's name is Antofagasta plc. Its trading ticker symbol is ANFGF.
Antofagasta plc produces copper concentrates containing by-products, such as molybdenum, gold, and silver; and copper cathodes. The company also provides rail and road cargo, and other ancillary services in Chile. It transports goods and materials, such as sulphuric acid and copper cathodes to and from mines in the Antofagasta region.
The company was founded in 1888 and is based in London, the United Kingdom. Antofagasta plc is a subsidiary of Metalinvest Establishment.
I use three key data points gauge the value of any dividend equity or fund like Antofagasta plc (ANFGF):
(1) Price
(2) Dividends
(3) Returns
After those three, four more keys will finally unlock an equity or fund in which to invest.
However, it's those first three primary traits that best tell whether a company has made, is making, and will make money.
ANFGF Price
Antofagasta's price was $13.20 per share at yesterday's market close. A year ago its price was $10.29 for a gain of $2.91 per share in the past year.