A portfolio of stocks I've been building since September 3 is named Volio. 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!

Today I'm reviewing the first of five technology stocks striving to join my Volio folio. This could be my twenty-fourth pick for Volio!

That technology sector includes nineteen industries ranging from communication equipment, computers, consumer electronics, and contract manufacturing, to health, information technology and services, to internet, scientific instruments, software, solar, and all such techno-marvels.

My subject today is a large-cap computer hardware supplier named, HP Inc. Their trading ticker symbol is HPQ. This is my third report about HP Inc. My most recent effort was aired on September 9, 2019. For this very Volio Folio.

HP Inc. is a leading provider of computers, printers, and printer supplies. The company's two operating business segments are its personal systems, containing notebooks, desktops, and workstations and its printing segment which contains supplies, consumer hardware, and commercial hardware. In 2015, Hewlett-Packard was separated into HP Inc. and Hewlett Packard Enterprise. The Palo Alto, California based company sells on a global scale with 63% of fiscal 2017 revenue derived from outside the United States.

HP Inc. has a strategic alliance with Siemens AG and collaboration with SmileDirectClub. The company was formerly known as Hewlett-Packard Company and changed its name to HP Inc. in October 2015. HP Inc. was founded in 1939 and is headquartered in Palo Alto, California. It is being viewed as a takeover target by Xerox Corp.

I use three key data points to gauge dividend equities or funds like HP 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.

HPQ Price

HP Inc's price per share closed at $21.73 yesterday. A year ago its price was $22.86. Thus, in the past year, its market price fell to $1.13, or just under 5%.

Assuming HP Inc's stock trades in the range of $15 to $25 this next year, its recent $21.73 price could rise by $0.77 to reach $22.50 by February 10, 2021, assuming upward price momentum continues.

HPQ Dividends

HP Inc's latest declared quarterly dividend was $0.1763, payable April 1. That $0.1762 Q dividend equates to an annual payout of $0.70 and yields 3.24% at yesterday's $21.73 share price.

HPQ Gains?

Adding the $0.70 annual estimated dividend to my $0.77 estimate of HP Inc price upside shows a $1.47 potential gross gain, per share, which will be reduced by any costs to trade those shares.

Say we put a little under $1,000.00 today in HP Inc at its recent $21.73 price, would buy 46 shares of HPQ.

A $10 broker fee paid half at purchase and half at sale could cost us about $0.22 per share.

Subtract that $0.22 brokerage cost from the estimated $1.47 gross estimated gain per share leaves a net gain of $1.25 X 46 shares = $57.50 or a 5.75% net gain on a $999.58 investment.

Therefore, HP Inc, whose trading ticker symbol is HPQ shows a possible 5.75% net gain including a 3.24% 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 HP Inc, is worth your time and money.