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 fourth 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 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 company, AVX Corp. Their trading ticker symbol is AVX. I first reported on AVX on July 17, 2018 for my Ivy portfolio, and on September 10, 2019.

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.

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 $16.36 yesterday. A year ago its price was $15.25. In the past year, its price grew by $1.11 or 7.28%.

Assuming AVXs stock trades in the range of $12.00 to $20.00 this next year, it's recent $16.36 price could rise by $1.64 and get to $18.00 by mid-October, 2020, assuming some upward price momentum continues.

AVX Dividends

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

That $0.115 Q dividend equates to $0.46 annually and yields 2.81% based on yesterday's $16.36 closing price.

TEL Gains?

Adding the $0.46 annual estimated dividend to my $1.64 estimate of WU's price upside shows a $2.10 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 into AVX Corp. at its recent $16.36 price, we'd buy 61 shares of AVX.

A $10 broker fee paid half at purchase and half at sale could cost us about $0.16 per share.

Subtract that $0.16 brokerage cost from the estimated $2.10 gross estimated gain leaves a net gain of $1.94 X 61 shares = $118.34 or a 11.8% net gain on a $997.96 investment.

Therefore, AVX Corp, whose trading ticker symbol is AVX now shows a possible net gain of 11.8% including a 2.81% 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.