This week, I'm looking for the fourth healthcare representative of six for my Ivy portfolio.

That healthcare sector includes ten industries all related to testing, diagnosing and treating what ails us: biotechnology; diagnostics & research; drug manufacturers - major and - specialty & generic; healthcare plans; long-term care facilities; medical care; medical devices; medical distribution; medical supplies.

Today I'm reviewing a mid-cap healthcare facilities real estate investment trust named The GEO Group. Its trading ticker symbol is GEO.

The Boca Raton, Florida-based GEO Group Inc is a healthcare facility real estate investment trust. The company operates multiple segments, including U.S. Corrections & Detection, GEO Care, International Services, and Facility Construction & Design.

The vast majority of GEO's revenue is derived from its U.S. Corrections & Detention segment, which focuses on leasing and operating correctional facilities. The GEO segment provides services to adult offenders and juveniles for non-residential treatment. The company considers merger and acquisition investment as a component of its operational growth strategy.

GEO's worldwide operations include the ownership and/or management of 135 facilities totaling approximately 96,000 beds, including projects under development, with a growing workforce of approximately 23,000 professionals.

I use three key data points to gauge the value of any dividend equity-like The GEO Group Inc:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest.

Those first three primary keys, however, best tell whether a company has made, is making, and will make money.

GEO Price

GEO's price per share closed at $19.65 yesterday. A year ago its price was $21.87. Price fell $2.22 or 10% in the past year.

Assuming GEO's stock trades in the range of $18 to $25 this year, GEO's recent $19.65 price could rise by $2.35 and go to $22.00 by mid-April, 2020.

GEO Dividends

GEO's most recent Quarterly dividend was $0.48 declared April 3rd and payable, April 22nd.

That $0.48 Q dividend equates to an annual payout of $1.92 for a yield of 9.77% at yesterday's $19.65 closing price.

Gains For GEO?

Adding the $1.92 annual estimated dividend to my $2.35 estimate of GEOs price upside shows a $4.27 potential gross annual gain, per share, which will be reduced by costs to trade those shares.

If we put a little over $1,000.00 today at the $19.65 recent stock price would buy us 51 The GEO Group Inc shares.

A $10 broker fee paid half at purchase and half at sale costs $0.20 per share.

Subtract that $.20 brokerage cost from the estimated $4.27 gross annual gain leaves a net gain of $4.07 X 51 shares

= $207.57 or a 20.5% net gain on a $1.002.15 investment.

Therefore, The GEO Group Inc, whose trading ticker symbol is GEO, now shows a possible net gain of nearly 20.5% including a 9.77% dividend yield.

Two brokers cover this stock:

One says 'buy" GEO.

One says "hold" GEO.

Therefore, you can look at The GEO Group Inc and see it has made money, is making money, and could net 20.5% gains including a 9.77% 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 determine if The GEO Group Inc is worth your time and money.