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 fourth of five technology sector stocks striving to join my Volio folio this week. This could be my thirty-fifth 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 gaming technology company named, International Game Technology Inc. Its trading ticker symbol is IGT.  This is my first ever report on International Game Technology Inc.

International Game Technology PLC is a gaming company that delivers entertaining and responsible gaming experiences for players across all channels and regulated segments, from Gaming Machines and Lotteries to Sports Betting and Digital.

Its portfolio of gaming technology products and services includes lottery management services, online and instant lottery systems, gaming systems, instant ticket printing, electronic gaming machines, sports betting, digital gaming, and commercial services.

It has four business segments operating in three regions: North America Gaming and Interactive, North America Lottery, International, and Italy.

The company was formerly known as GTECH S.p.A. and changed its name to International Game Technology PLC in April 2015. The company was founded in 2014 and is headquartered in London, the United Kingdom.

I use three key data points to gauge dividend equities or funds like International Game Technology PLC:

(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.

IGT Price

IGT's price per share closed at $7.70 yesterday. A year ago their price was $14.77. Market price dropped $7.07 or just under 48%.

Assuming IGT's stock trades in the range of $2 to $12 this next year, its recent $7.70 price might rise by $2.30 to reach $10.00 by April 30, 2021.

IGT Dividends

IGT's most recent declared quarterly dividend was $0.20 paid March 31st. That $0.20 Q dividend equates to $0.80 annually and yields 10.39% at yesterday's $7.70 share price.

IGT Gains?

Adding the $0.80 annual estimated dividend to my $2.30 optimistic estimate of IGT's price upside shows a $3.10 potential gross gain, per share, reduced by any costs to trade those shares.

A little over $1,000.00 today put into International Game Technology PLC shares at their $7.70 price, buys 130 shares of IGT

A $10 broker fee paid half at purchase and half at sale could cost about $0.08 per share.

Subtract that $0.08  brokerage cost from my estimated $3.10 gross gain per share results in a net gain of $3.02 X 130 shares = $392.60 or a 39.20% net gain on a $1,001.00 investment.

Therefore, International Game Technology PLC, whose trading ticker symbol is IGT shows a possible 39.2% net gain including a 10.39% 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 International Game Technology PLC is worth the expenditure.