A portfolio of stocks I've been building since September 3 is named Volio Folio. It 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 first of five technology stocks striving to be picked to join the Volio folio. This could be the eighth pick for Volio.

That technology sector has 19 industries ranging from communication equipment, computers, consumer electronics, and contract manufacturing, to health, information technology and services, to internet, scientific instruments, software, solar, and all such techno-marvels.

My subject today is a large cap semiconductors company, Qualcomm Inc. Their trading ticker symbol is QCOM. I previously reported on QCOM in July 2018 for my Safari portfolio and looked at it again in June this year for my Ivy portfolio. It has not yet been selected for any of my four previous portfolios.

QCOM  was founded in 1985 and is headquartered in San Diego, California. Qualcomm develops and licenses wireless technology and also designs chips for smartphones. The company's key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G and 4G networks.

The firm is poised to be a leader in 5G as well. Qualcomm's IP is licensed by virtually all wireless device makers. The firm is also the world's largest wireless chip vendor, supplying many premier handset makers with leading-edge processors.

I use three key data points to gauge dividend paying equities or funds like Qualcomm: (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.

QCOM Price

Qualcomm's price per share closed at $77.68 Friday. A year ago its price was $65.36. So, in the past year its price grew $12.32 or 18.85%.

Assuming Qualcomm's stock trades in the range of $60.00 to $90.00 this next year, Qualcomm's recent $77.68 price could rise by $6.32 and get to $84.00 by mid-October, 2020, assuming its upward price momentum continues.

QCOM Dividends

Qualcomm's latest declared quarterly dividend was $0.62, payable December 19th.

That $0.62 Q dividend equates to $2.48 annually and yields 3.19% based on Friday's $77.68 closing price.

QCOM Gains?

Adding the $2.48 annual estimated dividend to my $6.32 estimate of Qualcomm's price upside shows a $8.80 potential gross gain, per share, which will be reduced by costs to trade these shares.

Say we put a little over $1,000.00 today into Qualcomm Inc at its recent $77.68 price, we'd buy 13 shares of QCOM.

A $10 broker fee paid half at purchase and half at sale could cost us $0.77 per share.

Subtract that $0.77 brokerage cost from the estimated $8.80 gross estimated gain leaves a net gain of $8.03 X 13 shares = $104.39 or a 10.4% net gain on a $1,009.84 investment.

Therefore, Qualcomm now shows a possible net gain of 10.4% including a 3.19% 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 learn if Qualcomm Inc (QCOM) is worth your time and money.