A portfolio of stocks I started September 3, 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'm reviewing today the fifth of five consumer cyclical sector stocks striving to be picked to join the Volio folio collection. This would be the third pick for Volio!

This consumer cyclical sector includes twenty-eight industries ranging from Advertising Agencies to Apparel, Autos, Broadcasting, Department Stores, Gambling, Leisure, Lodging, Packaging, Personal Services, Shoes, Restaurants, Rubber, Plastics, Textiles, and all such consumer aimed enterprises.

My subject today is a mid-cap auto parts manufacturer named Gentex Corp. Their trading ticker symbol is GNTX. This is my first report on this company.

Gentex Corp was founded in 1974 to produce smoke-detection equipment.

The company sold its first glare-control interior rear-view mirror in 1982 and its first model using electrochromic technology in 1987.

Automotive revenue is about 98% of total revenue, and the company is constantly developing new applications for the technology to remain on top.

Sales from 2018 totaled about $1.8 billion with 41.6 million mirrors shipped.

The company is based in Zeeland, Michigan.

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

(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.

GNTX Price

Gentex 's price per share closed at $27.73 yesterday. A year ago its price was $22.72. In a year its price popped up $5.01 or 22%.

Assuming Gentex 's stock trades in the range of $20 to $33.00 this year, Gentex's recent $27.73 price could rise by $3.28 and get to $31.00 by mid September, 2020. If its past year's momentum continues.

GNTX Dividends

Gentex 's latest declared quarterly dividend was $0.115 payable October 23rd.

That $0.115 Q payout added to the previous three equates to $0.46 annually and yields1.66% based on yesterday's $27.73 closing price.

GNTX Gains?

Adding the $0.46 annual estimated dividend to my $3.27 estimate of Gentex's price upside shows a $3.73 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 Gentex Corp at its $27.73 recent stock price, we'd buy 36 shares of Gentex Corp. (GNTX) shares.

A $10 broker fee paid half at purchase and half at sale will cost us roughly $0.28 per share.

Subtract that $0.28 brokerage cost from the estimated 3.73 gross estimated gain leaves a net gain of $3.45 X 36 shares = $124.20 or a 12.45% net gain on a $998.28 investment.

Therefore, Gentex Corp., whose trading ticker symbol is GNTX now shows a possible net gain of 12.45% including a 1.66% dividend yield. It could be more, it could be a lot less.

The above speculation is based on past year performance. The actual results remain to be seen to learn if Gentex Corp. (GNTX) is worth your time and money.