E Daily Stock Pick: AVX Corporation

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 fourth of five technology sector stocks striving to join my Volio folio. This could be the sixteenth 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 firm, named, AVX Corp. Their trading ticker symbol is AVX. This is my third report on AVX. I reported on this company on July 16, 2018, and again on September 10th this year.

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:

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