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 technology sector stocks striving to join my Volio folio. This could be my thirty-first 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 information technology services company named, Infosys Ltd. Their trading ticker symbol is INFY. This is my second report on Infosys Ltd. Most recently you heard me describe this outfit last year as a candidate for my Ivy Portfolio.

Infosys is a global provider of consulting and IT services. The company was founded in 1981, employs more than 200,000 staff, and serves clients in over 40 countries. Infosys provides myriad services, including business process outsourcing, IT outsourcing, consulting and systems integration, among many others. The firm serves more than 20 industries ranging from financial services and healthcare to manufacturing and consumer packaged retail.

The company was formerly known as Infosys Technologies Limited and changed its name to Infosys Limited in June 2011. Infosys Limited was founded in 1981 and is headquartered in Bengaluru, India.

I use three key data points to gauge dividend equities or funds like Infosys Ltd:

(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.

INFY Price

Infosys's price per share closed at $8.51 yesterday. A year ago their price was $10.73. Thus, in the past year, their market price dropped $2.22 or almost 20.7%.

Assuming Infosys's stock trades in the range of $4 to $12 this next year, its recent $8.51 price might rise by $1.49 to reach $10.00  by March 30, 2021, assuming upward price momentum continues.

INFY Dividends

Infosys's last declared semi-annual dividend was $0.1125 paid November 1st. That $0.1125 Q dividend projects an annual payout of $0.225 to yield 2.64% at yesterday's $8.51 share price.

INFY Gains?

Adding the $0.23 annual estimated dividend to my $1.49 estimate of  Infosys Ltd price upside shows a $1.72 potential gross gain, per share, which will be reduced by any costs to trade those shares.

So when we put a little over $1,000.00 today in Infosys Ltd at its recent $8.51  share price, we'd buy 118 shares of INFY.

A $10 broker fee paid half at purchase and half at sale could cost us  $0.085 per share.

Subtract that $0.085 brokerage cost from my estimated $1.72 gross gain per share results in a net gain of $1.64 X 118 shares = $192.93 or a 19.25% net gain on a $1,004.18 investment.

Therefore, Infosys Ltd, whose trading ticker symbol is INFY shows a possible 19.25% net gain including a 2.64% 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 Infosys Ltd is worth the expenditure.