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!

I'm reviewing today the third of five industrials stocks striving to be picked to join the Volio folio collection. This would be the sixth pick for Volio!

That industrials sector includes twenty-three industries all related to designing, fabricating and servicing stuff we want 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 Hillenbrand Inc. Their trading ticker symbol is HI.  This is my first report on Hillenbrand.

Hillenbrand Inc is a U.S.-based company that operates through two segments, Process Equipment Group and Batesville.

The company's Process Equipment Group manufactures, markets, and services compounding, extrusion, and material handling equipment; size-reduction equipment; screening and separating equipment; flow control solutions; and replacement parts and service. Process Equipment Group's customers come from a wide range of sectors, including plastics, processed food, chemicals, fertilizers, and industrial minerals.

Hillenbrand's other major segment Batesville designs, provides, and markets funeral services and solutions, such as burial caskets, cremation caskets, containers and urns, other personalization and memorialization products, and Web-based technology applications to licensed funeral professionals operating licensed funeral establishments

The company generates the majority of its revenue from the U.S. domestic market.

Hillenbrand, Inc. was founded in 2007 and is headquartered in Batesville, Indiana.

I use three key data points to gauge dividend-paying equities or funds like Hillenbrand 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.

HI Price

Hillenbrand's price per share closed at $28.18 yesterday. A year ago its price was $52.01. So, in the past year its price dropped $23.83 or 45.8%.

Assuming Hillenbrand's stock trades in the range of $24.00 to $48.00 this next year, Hillenbrand's recent $28.28 price could rise by $11.82 and get to $40.00 by early October 2020, if some solid upward momentum strikes.

HI Dividends

Hillenbrand's latest declared quarterly dividend was $0.21, paid September 30th.

That $0.21 Q dividend equated to $0.84 annually and yields 2.98% based on yesterday's $28.18 closing price.

HI Gains?

Adding the $0.84 annual estimated dividend to my $11.82 estimate of Hillenbrand's price upside shows a $12.66 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 Hillenbrand Inc at its recent $28.18 price, we'd buy 35 shares of HI.

A $10 broker fee paid half at purchase and half at sale will cost us about $0.29 per share.

Subtract that $0.29 brokerage cost from the estimated $12.66 gross estimated gain leaves a net gain of $12.37 X 35 shares = $432.95 or a 43.3% net gain on a $986.30 investment.

Therefore, Hillenbrand Inc, whose trading ticker symbol is HI now shows a possible net gain of 43.3% including a 2.98% 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 Healthcare Hillenbrand Inc is worth your time and money.