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 five industrials sector stocks poised to join my Volio folio this week. One could be my forty-fifth pick for Volio!

That industrials sector includes twenty-three industries all dedicated to designing, fabricating, and servicing stuff we want and use. Those 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 specialized industrial machinery maker named, Hillenbrand Inc. Its trading ticker is HI. This is my second report on Hillenbrand Inc for this portfolio. I last reported on HI on October 9, 2019.

Hillenbrand Inc is a U.S.-based company that operates through two segments.

Hillenbrand'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 another major segment Batesville designs, provides and markets funeral services and solutions. 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 equities or funds like Hillenbrand Inc:

(1) Price

(2) Dividends

(3) Returns

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

HI Price

Hillenbrand's price per share closed at $26.44 Thursday. A year ago their price was $39.98. Price fell $13.54 or nearly 34% last year.

Assuming Hillenbrand's stock trades in the range of $8 to $40 this next year, its recent $26.44 price might rise by $4.56 to reach $31.00 by July 6, 2021.

HI Dividends

Hillenbrand''s most recent declared quarterly dividend was $0.2125, paid June 30th. That $0.2125 Q dividend equates to $0.85 annually for a yield of 3.21% at Thursday's $26.44 share price.

HI Gains?

Adding the $0.85 annual estimated dividend to my $4.56 optimistic estimate of Hillenbrand Inc's price upside shows a $5.41 potential gross gain, per share, to be reduced by any costs to trade the shares.

If we put little over $1,000.00 today in Hillenbrand Inc we would buy 38 shares of HI stock.

A $10 broker fee paid half at purchase and half at sale could cost us about $0.26 per share.

Subtract that $0.26 brokerage cost from my estimated $5.41 gross gain per share results in a net gain of $5.15 X 38 shares = $195.70 for a 19.5% net gain on a $1,004.72 investment.

Thus, Hillenbrand Inc shows a possible 19.5% net gain including a 3.21% 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 Hillenbrand Inc is worth it.