A portfolio of stocks I've been building since September 3, 2019, named Volio, will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the second of four industrials sector stocks this week striving to join my Volio folio. This could be my thirty-second pick for Volio!

That industrials sector includes twenty-three industries all related to designing, fabricating and servicing stuff we want, know and use. The industrials industries range from aerospace and defense to waste management with all the transportation, business services, and equipment required in between.

My subject today is a small-cap specialty industrial machinery company named, Altra Industrial Motion Corp. Their trading ticker symbol is AIMC. This is my second report on Altra Industrial. Most recently you heard me describe this company on January 7 for this same Volio portfolio.

Altra Industrial Motion Corp is a United States-based company that designs, manufactures, and markets mechanical power transmission components.

The company's reportable segments are Power Transmission Technologies which includes Couplings, Clutches and Brakes, Electromagnetic Clutches and Brakes, and Gearings; and Automation and Specialty segment consist of Kollmorgen, Portescap, Thomson, and Jacobs Vehicle Systems. It generates a majority of its revenue from the Power Transmission Technologies segment.

The company was formerly known as Altra Holdings, Inc. and changed its name to Altra Industrial Motion Corp. in November 2013. Altra Industrial Motion Corp. was incorporated in 2004 and is headquartered in Braintree, Massachusetts.

I use three key data points to gauge dividend equities or funds like Altra Industrial Motion Corp:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest, or not.

Those three basic keys, however, best tell whether a company has made, is making, and will make money.

AIMC Price

Altra's price per share closed at $17.95 yesterday. A year ago their price was $32.66. Thus, in the past year, their market price dropped $14.71 or just over 45%.

Assuming Altra's stock trades in the range of $12 to $32 this next year, its recent $17.95 price might rise by $4.05 to reach $22.00  by April 7, 2021, assuming upward price momentum eventually takes hold.

AIMC Dividends

Altra's most recent declared quarterly dividend was $0.17 paid April 2nd. That $0.17 Q dividend projects an annual payout of $0.68 to yield 3.79% at yesterday's $17.95 share price.

AIMC Gains?

Adding the $0.68 annual estimated dividend to my $4.05 estimate of Altra Industrial Motion Corp price upside shows a $4.73 potential gross gain, per share, which will be reduced by any costs to trade those shares.

So if we put a little over $1,000.00 today in Altra Industrial Motion Corp at its recent $17.95  share price, we'd buy 56 shares of AIMC.

A $10 broker fee paid half at purchase and half at sale could cost us  $0.18 per share.

Subtract that $0.18 brokerage cost from my estimated $4.73 gross gain per share results in a net gain of $4.55 X 56 shares = $254.80 or a 25.45% net gain on a $1,005.20 investment.

Therefore, Altra Industrial Motion Corp, whose trading ticker symbol is AIMC shows a possible 25.45% net gain including a 3.79% dividend yield. It could be more, it could be less.   

The above speculation is based on past performance and supposition. Only time and money invested will tell if Altra Industrial Motion Corp is worth the expenditure.