Ocean Bio-Chem, Inc. (OBCI) Dividends

OBCI Price Forecast Based on Dividend Discount Model

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of OBCI, the dividend discount model StockNews created for the company implies a negative return of 57.53%. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Ocean Bio Chem Inc are:

• Given its market cap of around 81 million US dollars, this puts the stock in the small-sized market cap class, and its dividend yield is greater than 27.93% of dividend yielding stocks in the same market cap class.
• Beta tells us how volatile a stock's price is relative to the broader equity index; for Ocean Bio Chem Inc, its beta is lower than 80.17% of dividend issuing stocks we observed.
• OBCI's market cap of approximately $81 million makes it a small-sized market cap company; out of dividend issuers in this group, the investment opportunity based on the difference between its current share price and its forecasted DDM value is greater than only 18.25% of them.

OBCI Dividends vs. Peers