The progressive 21 century has given us a lot of opportunities that made our lives simpler and more comfortable. Today, we need just several minutes to buy something if we really want it. This became possible thanks to the innovative payment systems, which allow us to perform various types of transactions.
In addition, you do not have to spend a lot of time learning the conditions and rules of foreign financial networks. Convenient payment systems have long been used in Russia. Today, we will focus on one of the most popular providers of payment services, QIWI.
It is time to learn about the company’s history, its current status, and the way its shares are traded in the stock market. It is quite possible that the story about QIWI’s permanent growth and prospects may encourage you to become a part of this company.
About company
QIWI is the leading provider of advanced payment services on the territory of Russian and the CIS.
QIWI’s main product is the integrated multifunctional payments network, which allows instant mobile, online, and offline payments. It consists of over 22 million e-wallets and cards as well as 160 thousand kiosks and terminals.
Thanks to QIWI, clients have an opportunity to use cash, prepaid cards, and other means of electronic payments to order the needed goods and services. What is more, the provider’s payment channels make it possible to store, convert, and transfer cash to virtual wallets of companies registered on the network.
QIWI appeared in 2007 as a result of the merger of the OSMP and E-port companies. Then, the appearance of such a multifunctional payment system in Russia was the key event for the market of electronic services.
The payment service was created by Russia’s entrepreneurs Andrey Romanenko and Boris Kim. The goal was to develop an innovative payment system that gives an opportunity to perform simple, safe, and convenient electronic transactions.
In the same year, the company launched the Personal cabinet service, which later became known as QIWI Wallet. It has several interfaces for PCs, mobile devices, and social networks.
In fact, the new brand in the market did not cause euphoria. By that time, there were a lot of popular services, first of all, WebMoney, a Russian-Lithuanian system.
However, the company decided not to create its own unique niche. Instead, it just offered its clients a highly-quality and convenient product. Thus, the large experience of QIWI creators and big network of convenient terminals as well as efficient support service and a user-friendly interface made the brand recognizable and popular among a huge number of users.
In 2012, the Russian provider of electronic services signed a partnership agreement with the international payment system Visa. As a result, the company issued specialized cards for Visa QIWI Wallet.
In summer 2018, the company started cooperation with Russian bank Otkritie. Both organizations created Tochka, AO, to offer services to small and medium businesses.
Today, QIWI is a multifunctional user service with high-tech payment systems. The number of the company's clients exceeds 32 million people, 20 million of which are active users of QIWI Wallet.
In addition to popular payment services, the company is actively developing the B2B segment. QIWI successfully cooperates with the Uber platform, whose drivers can instantly transfer their earnings to the company's card. QIWI also offers convenient solutions for monetization of games, sports bets, and digital entertainment. At the same time, more than 80% of the company's revenue still comes from its payment services.
QIWI shares
Today, the company’s shares are traded on the US stock exchange, Nasdaq, and Moscow stock exchange, MOEX, under the QIWI ticker symbol.
The Initial Public Offering (IPO) of the company’s shares took place in May 2013 at the Nasdaq stock exchange. Then, the share price totaled $17.
If an individual wants to buy QIWI shares, he/she should open a trading account with a broker that offers trading in global stock exchanges, including Nasdaq. This procedure will not take a lot of time. For example, to open a trading account with InstaForex, you need just 3 minutes.
The minimum trade size is 1 lot, that is 1 share of a company. Use Forex Calculator on InstaForex website to calculate your possible income.
If it is fine by you, do not hesitate to start trading. Buy and sell shares of QIWI and other popular companies. The highly appreciated MT4 trading platform from InstaForex will become your perfect assistant in shares trading.
*A ticker is a short name for trading instruments listed on the exchange.
Factors that influence QIWI shares
Since the moment the company’s shares were listed at the stock exchange, they have been showing a negative dynamic. Today, QIWI’s shares are trading near their all-time low.
That is why before starting trading the company’s shares, it is necessary to perform both fundamental and technical analyses. It is important to focus on weekly and monthly charts to make medium-term predictions.
When making a fundamental analysis of QIWI’s shares, traders should pay attention to the following things:
· Rise (fall) in the number of the service users
· Current economic situation in Russia
· Popularity of e-payments
· Important news about the company
Today, the share price of QIWI highly depends on the situation at the global stock exchange. As a rule, traders invest funds in the shares amid a great appetite for risk. At the moment, the appetite for risk assets is boosted by QE programs introduced by the leading central banks in the world. At the same time, cheap liquidity amid low interest rates goes to stock exchanges. Meanwhile, mounting demand for stock is boosting QIWI’s share price.
In addition, shares of this supplier of payment services reflect the company’s current financial situation. Thus, strong internal statistics (high revenue and profit indicators) may push the share price higher.
You can get the real time information about the latest events in the life of the company and the state of the global financial technology segment in the FOREX ANALYSIS&REVIEWS section on the InstaForex website.
Dividend policy
QIWI shareholders receive dividends in US dollars every quarter. The size of payments may vary from quarter to quarter.
In March 2021, the company's Board of Directors set the dividend payout ratio for the current year at least 50% of the adjusted net profit for the year.
Thus, according to the results of the four quarters of 2020, the company's dividend yield totaled 9.21%. Judging by the results of the third quarter of this year, holders of the company’s shares received payments in the amount of $0.30 per share.
The dividend record date is December 6, 2021. The company is planning to pay $0.3 per share. The dividend yield is expected to hit 3.56%.
Given the company’s dividend policy, payments to shareholders are credited to the broker's account or the shareholder's card no later than 25 working days from the date of the register close.
Conclusion
Today, QIWI’s stock is an attractive asset for investors. The popularity of the company’s shares could be explained by quarterly payouts and high dividend yields. Apart from that, traders may successfully apply speculative strategies, which allow them to earn when the prices rise or fall.
Analysts suppose that a combination of offline and online trading in one service is QIWI’s main achievement. Since it was created, the company has achieved significant financial results and become a real technology empire with a popular payment system, e-currency, global partner net and dozens of thousand terminals.
Now, millions of clients worldwide use the company’s services.
If the above-mentioned information is a strong argument to become a part of QIWI by investing funds in its shares, visit InstaForex website and open a trading account in a jiffy.