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 third of five consumer cyclical sector stocks primed to join Volio as the seventh of seven representing the sector.  One of the stocks I discuss this week could be the forty-eighth overall selection for Volio!

My subject today is a small-cap footwear and accessories manufacturing company named, Weyco Group Inc. Its trading ticker is WEYS. This is my fourth report on Weyco Group Inc for the Volio portfolio. My previous reports were on September 16th last year, January 14th, and April 14th this year.

Weyco Group Inc is a US-based company, engaged in the manufacturing, designing, and distribution of footwear. The company designs and markets footwear for men, women, and children.

The company organizes its business into two segments; the North American wholesale and the North American retail segment. It markets its apparel, accessories, and footwear under the brand name of Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters, and Umi.

The company has operational footprints in the United States, Canada, Europe, Asia, and Australia among others. It generates a majority of its revenue from the United States.

The company was formerly known as Weyenberg Shoe Manufacturing Company and changed its name to Weyco Group, Inc. in April 1990. Weyco Group, Inc. was incorporated in 1906 and is based in Milwaukee, Wisconsin.

I use three key data points to gauge dividend equities or funds like Weyco Group Inc:

(1) Price

(2) Dividends

(3) Returns

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

WEYS Price

Weyco's price per share closed at $18.89 yesterday. A year ago their price was $26.84. Price fell $7.95 or over 29.6% last year.

Assuming Weyco's stock trades in the range of $15 to $25 this next year, its recent $18.89 price might rise by $4.11 to reach $23.00 by July 29, 2021.

WEYS Dividends

Weyco's most recent declared quarterly dividend was $0.24, paid June 30th. That $0.24 Q dividend equates to $0.96 annually for a yield of 5.08% at yesterday's $18.89 share price.

WEYS Gains?

Adding the $0.96 annual estimated dividend to my $4.11 optimistic estimate of Weyco's price upside shows a $5.07 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 Weyco Group Inc we would buy 53 shares of WEYS stock.

A $10 broker fee paid half at purchase and half at sale could cost us about $0.19 per share.

Subtract that $0.19 brokerage cost from my estimated $5.07 gross gain per share results in a net gain of $4.88 X 53 shares = $258.64 for a 25.8% net gain on a $1001.17 investment.

Thus, Weyco Group Inc shows a possible 25.8% net gain including a 5.08% 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 Weyco Group Inc is worth it.