Ocean Bio-Chem, Inc. (OBCI) Dividends
Dividend Yield and Dividend History Highlights
- OBCI has issued more total dividends (as measured in absolute US dollars) over the past six years than 3.07% of other US stocks currently paying dividends.
- As for stocks whose price is uncorrelated with OBCI's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: NLOK, ELS, BAX, HRTG and NTST.
OBCI Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $11.05 | $4.47 | -67.61% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Ocean Bio Chem Inc, the DDM model generated by StockNews estimates a return of negative 67.61% in comparison to its current price. To help understand and contextualize the model's evaluation of OBCI, investors may wish to consider are:
- OBCI's market cap is about 134 million US dollars -- this puts the stock in the small-sized market cap class, and its dividend yield is greater than 4.61% 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; as for OBCI, approximately 99.52% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
- As other dividend issuers in the Industrials sector, OBCI's equity discount rate is less than 96.8% of those stocks.
OBCI Dividend Chart
OBCI Dividend History
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OBCI Dividends vs. Peers
OBCI's dividend yield currently ranks #24 of 85 vs. its peers in the Consumer Goods category.