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 first of four industrials sector stocks striving to join my Volio folio. This could be my thirty-second pick for Volio!

That industrials sector includes twenty-three industries all related to designing, fabricating and servicing stuff we want, know and use. The industrials industries range from aerospace and defense to waste management with all the transportation, business services, and equipment required in between.

My subject today is a small-cap business equipment and supplies company named, Ennis Inc. Their trading ticker symbol is EBF. This is my third report on Ennis Inc. Most recently you heard me describe this company last year for the Ivy portfolio.

Ennis Inc is a manufacturer and supplier of print products for the wholesale trade.

The company's products include advertising specialties, business forms, and supplies, commercial printing, eCommerce solutions, envelopes, labels and tags, folders and packaging.

It sells its products directly, as well as through private printers and independent distributors to large banking organizations. The company was formerly known as Ennis Business Forms, Inc. Ennis, Inc. was founded in 1909 and is headquartered in Midlothian, Texas.

I use three key data points to gauge dividend equities or funds like Ennis Inc:

(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.

EBF Price

Ennis's price per share closed at $17.19 Friday. A year ago their price was $21.24. Thus, in the past year, their market price dropped $4.05 or just about 19%.

Assuming Ennis's stock trades in the range of $10 to $22 this next year, its recent $17.19 price might rise by $2.81 to reach $20.00 by April 6, 2021, assuming upward price momentum continues.

EBF Dividends

Ennis's last declared quarterly dividend was $0.225 payable May 4th. That $0.225 Q dividend projects an annual payout of $0.90 to yield 5.24% at yesterday's $17.19 share price.

EBF Gains?

Adding the $0.90 annual estimated dividend to my $2.81 estimate of Ennis Inc price upside shows a $3.71 potential gross gain, per share, which will be reduced by any costs to trade those shares.

So if we put a little under $1,000.00 today in Ennis Inc at its recent $17.19 share price, we'd buy 58 shares of EBF.

A $10 broker fee paid half at purchase and half at sale could cost us $0.17 per share.

Subtract that $0.17 brokerage cost from my estimated $3.71 gross gain per share results in a net gain of $3.54 X 58 shares = $205.32 or a 20.5% net gain on a $205.32 investment.

Therefore, Ennis Inc, whose trading ticker symbol is EBF shows a possible 20.5% net gain including a 5.24% 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 Ennis Inc is worth the expenditure.