A new portfolio of stocks I started building on September 8, named Vista, will select its second stock this coming weekend. Vista is the sixth portfolio I've built (at a one dividend dog per-week pace) since 2014. Six portfolios = VI for Vista!

Vista is planned to Look Ahead for Outstanding, Proven, Dividend Winners. (Like Aristocrats)

Today we'll review the fourth of five Technology sector stock candidates vying to be the second selection in the Vista portfolio.

My subject today is a computer hardware company named, The HP Inc. Its trading ticker symbol is HPQ. This is my first report on HP Inc. (HCKT) for my new Vista portfolio. I did select HPQ for my previous Volio Portfolio and broke even on the trade.

HP Inc. is a leading provider of computers, printers, and printer supplies. 

The company's two operating business segments are its personal systems, containing notebooks, desktops, and workstations, and its printing segment which contains supplies, consumer hardware, and commercial hardware. 

In 2015, Hewlett-Packard was separated into HP Inc. and Hewlett Packard Enterprise. The Palo Alto, California based company sells on a global scale with 63% of fiscal 2017 revenue derived from outside the United States.

I use three key data points to gauge dividend equities or funds like HP Inc. (HPQ):

(1) Price

(2) Dividends

(3) Returns

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

HPQ Price

HP's price per share closed at $19.41 yesterday. A year ago its price was $18.87. Price rose $0.54 or just about 2.9% last year.

If HP's stock trades in the range of $12 to $24 this next year, its recent $19.41 price might rise by $1.59 to reach $21.00 by September 17, 2021. 

HPQ Dividends

HP's most recently declared quarterly dividend was $0.1762 payable October 7th and will total $0.70 annually and yield 3.63% at yesterday's $19.41 closing price.

HPQ Gains?

Adding the $0.70 annual anticipated dividend to my $1.59 optimistic estimate of HP's price upside shows a $2.29 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 The HP Inc. at $19.41, we would buy 52 shares of HPQ 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 $2.29 gross gain per share results in a net gain of $2.10 X 52 shares = $109.20 for a 10.9% net gain on a $1,009.32 investment.

Thus, HP Inc. (HPQ) shows a possible 10.9% net gain including a 3.63% dividend yield. It could be more, it could be less.    

All of the estimates above are speculation based on the past history of HP Inc. (HPQ).  Only time and money invested in this stock will determine its worth.