Eregli Demir Sources Steel, Surplus, And Services

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 my Safari portfolio seeks a company in the basic materials sector.

That sector has companies that mine or manufacture basic commodities, specifically: agricultural inputs, aluminum; building materials, chemicals, coal, copper, gold, industrial metals, lumber & wood, paper, silver, specialty chemicals, and steel.

Today I’m reviewing a Steel company named Eregli Demir ve Celik Fabkalari T.A.S. Its trading ticker symbol is ERELY. 

Eregli Demir is a steel company. It manufactures iron and steel rolled products, alloyed and non-alloyed iron, steel and pig iron castings, cast and pressed products, coke and their by-products.

In addition, the company offers port services, such as loading and unloading, maritime, third party, warehouse, liquid and solid waste collection, maritime police, and customs with customs enforcement services. The company was founded in 1960 and is headquartered in Istanbul, Turkey.

I use three primary keys to gauge dividend equities or funds like Eregli Demir (ERELY): 

(1) Price

(2) Dividends

(3) Returns


Eregli Demir’s price at Thursday’s market close was $11.39 per share. The company has made money for investors. One year ago its price was $7.64. So it’s a gained$3.75 per share in the past year. If ERELY does as well in 2018 its price will increase from $11.39 to $15.14 per share or about 33 %.

ERELY Dividends

Eregli Demir’s most recent annual dividend was $0.55 declared in April, and paid out April 21st.  

The annual dividend for 2018 is estimated at $0.55 payable in portions paid out in April.

The yield from a $0.55 dividend will be 4.8% at yesterday’s $11.39 price

Gains For ERELY?


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