A portfolio of stocks I started last week, named Volio Folio, holds 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!

I'll be reviewing today the second of five technology sector stocks this week striving to be picked to join the Volio folio collection. This would be the second pick for Volio!

The technology stock sector has 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 a mid-cap electronic components firm named AVX Corp. Their trading ticker symbol is AVX. I previously reported on this company on July 16, 2018, for my Safari portfolio and July 12, 2019 for the Ivy portfolio, It has yet to be chosen!

AVX Corp is a manufacturer and supplier of electronic components to original-equipment manufacturers, distributors, and electronic manufacturing service providers.

The firm operates in three segments: Electronic components, which sells ceramic and tantalum capacitors, film capacitors, and filters; Electronic Devices, which sells ceramic capacitors, sensor products, actuators, and connectors produced by Kyocera, a majority shareholder, and resold by AVX; and Interconnect, which sells Interconnect automotive, telecom, and memory connectors.

A majority of the firm's revenue is generated in Asia, and rest in the Americas and Europe.

It markets its products through its direct sales force and independent manufacturers' representatives to multi-national original equipment manufacturers, independent electronic component distributors, and electronic manufacturing service providers.

The company was founded in 1972 and is headquartered in Fountain Inn, South Carolina. AVX Corporation is a subsidiary of Kyocera Corporation.

I use three key data points to gauge dividend-paying equities or funds like AVX Corp (AVX):

(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.

AVX Price

AVX's price per share closed at $14.86 yesterday. A year ago its price was $19.58. In a year its price fell $4.72 or nearly 32%.

Assuming AVX's stock trades in the range of $13 to $18.00 this year, AVX's recent $14.86 price could rise by $0.14 and get to $15.00 by early September, 2020.

AVX Dividends

AVX's latest declared quarterly dividend was $0.115 paid August 15th.

That $0.115 Q payout added to the previous 3equates to $0.46 annually and yields3.10% based on yesterday's $14.86 closing price.

AVX Gains?

Adding the $0.46 annual estimated dividend to my $0.14 estimate of AVX's price upside shows a $0.60 potential gross gain, per share, which will be reduced by costs to trade these shares.

Say we put a little under $1,000.00 today at the $14.86 recent stock price, we'd buy 67 AVX Corp. (AVX) shares.

A $10 broker fee paid half at purchase and half at sale will cost us $0.15 per share.

Subtract that $0.15 brokerage cost from the estimated $0.60 gross estimated gain leaves a net gain of $0.45 X 67 shares = ($30.15) or a 3.02% net gain on a $995.62 investment.

Therefore, AVX Corp,whose trading ticker symbol is AVX now shows a possible net gain of 3.02% including a 3.10% 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 AVX Corp (AVX) is worth your time and money.