This week, I'm looking for the fifth consumer cyclical representative of five for my Ivy portfolio.

The consumer cyclical sector includes twenty-eight industries ranging from Advertising Agencies to Apparel, Autos, Broadcasting, Department Stores, Gambling, Leisure, Lodging, Packaging, Personal Services, Shoes, Restaurants, Rubber, Plastics, Textiles, and all such consumer aimed enterprises.

Today I'm reviewing a small-cap auto parts company named Miller Industries, Inc. Its trading ticker symbol is MLR.

Miller Industries Inc. engages in the manufacture of vehicle towing and recovery equipment. The company produces wreckers, car carriers, and trailer bodies under the Century, Vulcan, Challenger, Holmes, Champion, Chevron, Eagle, Titan, Jige, and Boniface brands. The products are sold primarily in North America through independent distributors.

Miller Industries, Inc. was founded in 1990 and is based in Ooltewah, Tennessee.

I use three key data points to gauge the value of any dividend equity-like Miller Industries, Inc:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest.

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

MLR Price

Miller's price per share closed at $32.80 Friday. A year ago its price was $26.05. Price rose $6.75  or nearly 26% in the past year.

Assuming Miller's stock trades in the range of 24.00 to $40.00 this year,

Miller's recent $32.80 price could rise by $3.20 and go to $36.00 by mid- May 2020.

MLR Dividends

Miller's most recently declared quarterly dividend was $0.18 declared May 8th and payable, June 17th.

A $0.18 Q dividend equates to an annual payout of $0.72 for a yield of 2.2% at Friday's $32.80 closing price.

Gains For MLR?

Adding a $0.72 annual estimated dividend to my $3.20 estimate of

Miller's price upside shows a $3.92 potential gross annual gain, per share, which will be reduced by costs to trade those shares.

Say we pay a little under $1,000.00 today at the $32.80 recent stock price would buy us 30 Miller Industries, Inc shares.

A $10 broker fee paid half at purchase and half at sale will cost us $0.33 per share.

Subtract that $0.33 brokerage cost from the estimated $3.92 gross annual gain leaves a net gain of $3.59 X 3- shares = $107.70 or a 10.8% net gain on a $984.00 investment.

Therefore, Miller Industries, Inc whose trading ticker symbol is MLR, now shows a possible net gain of 10.8% including a 2.2% dividend yield.

One broker covers Miller Industries, Inc stock:

She says "hold" MLR.

The consensus score is 3.0 or "hold".

Therefore, you can look at Miller Industries, Inc and see it has made money, is making money, and could net a 10.8% gain including a 2.2% dividend yield. It could be more, it could be less.

The above speculation is based on past year performance. The actual results remain to be seen to determine if Miller Industries, Inc is worth your time and money.