I'm looking for the fifth industrials representative of eight for my Ivy portfolio.

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.

Today I'm reviewing a nano-cap business equipment company named Kewaunee Scientific Corp. Its trading ticker symbol is KEQU.

Kewaunee Scientific Corporation is engaged in the design, manufacture, and installation of laboratory, healthcare, and technical furniture products.

The company operates through two segments: Domestic and International. The Domestic business segment designs manufactures and installs scientific and technical furniture, including steel and wood laboratory cabinetry, fume hoods, laminate casework, flexible systems, work surfaces, workstations, workbenches, and computer enclosures.

The International business segment provides facility design, engineering, construction and project management from the planning stage through testing and commissioning of laboratories. The company generates a majority of its revenue from the Domestic business segment.

The company sells its products primarily through dealers, commissioned agents, and a national distributor, as well as through competitive bids submitted by the company and its subsidiaries in Singapore, India, and China.

Kewaunee Scientific Corporation was founded in 1906 and is headquartered in Statesville, North Carolina.

I use three key data points to gauge the value of any dividend equity-like Kewaunee Scientific Corp:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest.

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

KEQU Price

Kewaunee's price per share closed at $21.76 Friday. A year ago its price was $32.90. Price fell $11.14 or nearly 34% in the past year.

Assuming Kewaunee's stock trades in the range of $20.00 to $30.00 this year, Bristol's recent $21.76 price could rise by $4.24 and go to $26.00 by early-June, 2020.

KEQU Dividends

Kewaunee's most recent quarterly dividend was $0.19 declared May 29th and payable June 21st.

That $0.19 Q payout produces an annual amount of $0.76 yielding 3.49% based on Friday's $21.76 closing price.

Gains For KEQU?

Adding the $0.76 annual estimated dividend to my $4.24 estimate of

Kewaunee's price upside shows a $5.00 potential gross annual gain, per share, which will be reduced by costs to trade those shares.

Say we pay a little over $1,000.00 today at the $21.76 recent stock price would buy us 46 Kewaunee Scientific Corp shares.

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

Subtract that $0.22 brokerage cost from the estimated $5.00 gross annual gain leaves a net gain of $4.78 X 46 shares = $219.88 or a 21.9% net gain on a $1,000.96 investment.

Therefore, Kewaunee Scientific Corp whose trading ticker symbol is KEQU now shows a possible net gain of 21.9% including a 3.49% dividend yield.

One broker tracks Kewaunee Scientific Corp stock:

She says "buy" KEQU.

The consensus score is 1.0 or "buy".

Therefore, you can look at Kewaunee Scientific Corp and see it has made money, is making money, and could net a 21.9% gain including a 3.49% 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 determine if Kewaunee Scientific Corp is worth your time and money.