A portfolio of stocks I've been building since September 3 is named Volio. 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 industrial sector stocks striving to join my Volio folio. This could be the nineteenth pick for Volio.

That industrial sector includes twenty-three industries all related to designing, fabricating and servicing stuff we want and use. The 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 mid-cap specialty industrial machinery company named, Altra Industrial Motion Corp. Their trading ticker symbol is AIMC. This is my first ever report on AIMC.

Altra Industrial Motion Corp is a United States-based company that designs, manufactures, and markets mechanical power transmission components. The company's reportable segments are Power Transmission Technologies which includes Couplings, Clutches and Brakes, Electromagnetic Clutches and Brakes, and Gearings and Automation and Specialty segment consist of Kollmorgen, Portescap, Thomson, and Jacobs Vehicle Systems. It generates a majority of its revenue from the Power Transmission Technologies segment.

The company was formerly known as Altra Holdings, Inc. and changed its name to Altra Industrial Motion Corp. in November 2013. Altra Industrial Motion Corp. was incorporated in 2004 and is headquartered in Braintree, Massachusetts.

I use three key data points to gauge dividend-paying equities or funds like Altra Industrial Motion Corp (AIMC):

(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.

AIMC Price

Altra's price per share closed at $36.59 yesterday. A year ago its price was $27.08. So, in the past year, its price improved by $9.51, or over 35%. Assuming Altra's stock trades in the range of $25 to $45 this next year, its recent $36.59 price could rise by $4.41  to reach $41.00 by January 7, 2021, assuming upward price momentum continues.

AIMC Dividends

Altra's latest declared quarterly dividend was $0.17  per share paid January 3rd. That $0.17 Q dividend equates to $0.68 annually and yields 1.86% based on yesterday's $36.59 closing price.

AIMC Gains?

Adding the $0.68 annual estimated dividend to my $4.41 optimistic estimate of the Altra Industrial Motion Corp (AIMC) price upside shows a $5.09  potential gross gain, per share, which will be reduced by any costs to trade these shares.

As for costs, if we put a little under $1,000.00 today in Altra Industrial Motion Corp at its recent $36.59 price, would buy 27 shares of AIMC. A $10 broker fee paid half at purchase and half at sale could cost us about $0.37 per share.

Subtract that $0.37 brokerage cost from the estimated $5.09 gross estimated gain per share leaves a net gain of $4.72 X 27 shares = $127.44 or a 12.74% net gain on a $994.21 investment.

Therefore, Altra Industrial Motion Corp, whose trading ticker symbol is AIMC shows a possible 12.74% net gain including a 1.86% 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 Altra Industrial Motion Corp (AIMC), is worth your time and money.