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 fifth of five technology sector stocks striving to join my Volio folio this week. This could be my thirty-fifth pick for Volio!

That technology sector includes nineteen 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 an electronics and computer distribution company named, Avnet Inc. Its trading ticker symbol is (AVT).  This is my first ever report on Avnet Inc.        

Avnet is a leading value-added distributor of electronic components. The company's customer base is composed of original equipment manufacturers, or OEMs, electronic manufacturing services, or EMS, providers and original design manufacturers, or ODMs.

The firm operates in two groups--electronic components and Farnell, the latter of which was acquired by Avnet in October 2016.

It has operations in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Avnet, Inc. was founded in 1921 and is headquartered in Phoenix, Arizona.

I use three key data points to gauge dividend equities or funds like Avnet Inc (AVT):

(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.

AVT Price

Avnet's price per share closed at $30.01 yesterday. A year ago their price was $47.33. Market price dropped $17.32 or nearly 37%.

Assuming Avnet's stock trades in the range of $15 to $35 this next year, its recent $30.01 price might rise by $1.99 to reach $32.00 by May 1, 2021.

AVT Dividends

Avnet's  most recent declared quarterly dividend was $0.21 paid March 18. That $0.21 Q dividend equates to $0.84 annually and yields 2.8% at yesterday's $30.01 share price.

AVT Gains?

Adding the $0.84 annual estimated dividend to my $1.99 optimistic estimate of IVT's price upside shows a $2.83 potential gross gain, per share, reduced by any costs to trade those shares.

A little under $1,000.00 today put into Avnet Inc shares at their $30.01 price, buys 33 shares of AVT.

A $10 broker fee paid half at purchase and half at sale could cost about $0.30 per share.

Subtract that $0.30  brokerage cost from my estimated $2.83 gross gain per share results in a net gain of $2.53 X 33 shares = $83.49 or a 8.35% net gain on a $990.33 investment.

Therefore, Avnet Inc, whose trading ticker symbol is AVT shows a possible 8.35% net gain including a 2.8% 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 Avnet Inc (AVT) is worth the expenditure.