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 fourth of five industrials sector stocks poised to join my Volio folio this week. One could be my forty-first pick for Volio!

That industrials sector includes twenty-three industries all related to designing, fabricating, and servicing stuff we want and use. Those 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 outfit named, Gorman-Rupp Co. Its trading ticker symbol is GRC. This is my first-ever report on Gorman-Rupp Co for any of my five portfolios.

Gorman-Rupp Co designs, manufactures and globally sells pumps and pump systems for use in water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire protection, heating, ventilating and air conditioning, military, and other liquid-handling applications.

It operates in one business segment, the manufacture, and sale of pumps and pump systems and generates revenue from the same.

The company markets its products through a network of distributors, manufacturers' representatives, third-party distributor catalogs, direct sales, and e-commerce.

The Gorman-Rupp Company was founded in 1933 and is headquartered in Mansfield, Ohio.

I use three key data points to gauge dividend equities or funds like Gorman-Rupp Co:

(1) Price

(2) Dividends

(3) Returns

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

GRC Price

Gorman's price per share closed at $31.72 yesterday. A year ago their price was $30.40. Price grew $1.32 or about 4.3% last year.

Assuming GRC's stock trades in the range of $20 to $40  this next year, its recent $31.72 price might rise by $2.28 to reach $34.00 by June 11, 2021.

GRC Dividends

Gorman's most recent declared quarterly dividend was $0.145 paid yesterday, June 10th. That $0.145 Q dividend equates to $0.58 annually and yields 1.83% at yesterday's $31.72 share price.

GRC Gains?

Adding the $0.58 annual estimated dividend to my $2.28 optimistic estimate of Gorman-Rupp Co's price upside shows a $2.88 potential gross gain, per share, to be reduced by any costs to trade the shares.

If we put little over $1,000.00 today in Gorman-Rupp Co shares at their $31.72 price, we'd buy 32 shares of GRC stock.

A $10 broker fee paid half at purchase and half at sale could cost about $0.31 per share.

Subtract that $0.31 brokerage cost from my estimated $2.88 gross gain per share results in a net gain of $2.57 X 32 shares = $82.24 for an 8.2% net gain on a $1,015.04 investment.

Gorman-Rupp Co shows a possible 8.2% net gain including a 1.83% 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 Gorman-Rupp Co is worth it.