A portfolio of stocks I'm building, named Ivy, holds 52 dividend dogs. Ivy is the fourth portfolio I've built (at a one dividend dog per week pace) since 2014. Four portfolios = IV!

Today I'm reviewing the third of five materials sector stocks this week striving to become the eighth of nine from that sector to join the Ivy folio.

That materials sector has thirteen industries all related to mining, making, and delivering essential commodities. They are: agricultural inputs; aluminum; building materials; chemicals; coal; copper; industrial metals; steel; paper; silver; specialty chemicals; gold.

Today I'm reviewing a small-cap steel company named Aperam SA. Their trading ticker symbol is APEMY. I last reported on APEMY on January 24, 2019.

Aperam SA is a Luxembourg-based stainless and specialty steel producer. The company primarily operates through three segments.

Its stainless and electrical steel segment produces a wide range of stainless and electrical steel products, and also owns a subsidiary that produces charcoal, which substitutes coke in production.

Its service and solutions segment markets the company's products and provides customized steel transformation services. Its alloys and specialties segment produces nickel alloys and certain specific stainless steels.

The company's downstream sectors include aerospace, automotive, catering, construction, household appliances and electrical engineering, industrial processes, medical, and oil and gas industries. It generates most of its revenue from the Americas and Europe.

It distributes its products through a network of service centers, transformation facilities, and sales offices.

Aperam S.A. was incorporated in 2010 and is headquartered in Luxembourg City, Luxembourg.

I use three key data points to gauge dividend-paying equities or funds like Aperam SA:

(1) Price

(2) Dividends

(3) Returns

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

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

APEMY Price

Aperam's price per share closed at $23.14 yesterday. A year ago its price was $44.60. Price fell  $21.46 or 48% in the past year.

Assuming Aperam's stock trades in the range of $20.00 to $40.00 this year, Aperam's recent $23.14 price could rise by $.86 and go to $24.00 by August 2020.

APEMY Dividends

Aperam's latest quarterly dividend is $0.4979 payable September 13th.

That $0.4979 A payout generates an annual payout of $1.99 yielding of 8.61% based on yesterday's $23.14 closing price.

Gains For APEMY?

Adding the $1.99 annual estimated dividend to my $0.86 estimate of Aperam's price upside shows a $2.85 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 $23.14 recent stock price, we'd buy 43 Aperam SA shares.

A $10 broker fee paid half at purchase and half at sale will cost us $0.23 per share.

Subtract that $0.23 brokerage cost from the estimated $2.85 gross annual gain leaves a net gain of $2.62 X 43 shares = $112.66 or an 11.3% net gain on a $995.02 investment.

Therefore, Aperam SA whose trading ticker symbol is APEMY now shows a possible net gain of 11.3% including an 8.61% dividend yield.

No brokers track Aperam SA stock:

(No argument from that quarter.)

The default consensus score of 3.0 equates to "Hold"

A Look at Aperam SA shows it has made money, is making money, and could net an 11.3% gain including an 8.61% 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 Aperam SA is worth your time and money.