This week, I'm looking for the seventh financial services representative of seven for my Ivy portfolio.

That financial sector includes twenty industries ranging from Asset Management to 8 kinds of Banks, Credit, Exchanges, 6 kinds of Insurance, Savings, and all such financial concerns.

Today I'm reviewing a nano-cap insurance broker named Kingstone Companies Inc. Their trading ticker symbol is KINS.

Kingstone Companies Inc is a multi-line regional property and casualty insurance holding company. Through its wholly owned subsidiary, Kingstone Insurance Company,  Kingstone Companies, offers insurance policies to small and mid-sized businesses as well as to individuals.

It generates revenues from earned premiums, ceding commissions from quota share reinsurance, net investment income generated from its investment portfolio, and net realized gains and losses on investment securities.

Its product lines consist of Personal Lines, Commercial liability, Livery physical damage, and Other.

It sells its products through retail and wholesale agents and brokers. The company was formerly known as DCAP Group, Inc. and changed its name to Kingstone Companies, Inc. in July 2009. The company was founded in 1886 and is headquartered in Kingston, New York.

I use three key data points to gauge dividend-paying equities or funds like Kingstone Companies Inc:

(1) Price

(2) Dividends

(3) Returns

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

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

KINS Price

Kingstone's price per share closed at $8.38 Friday. A year ago its price was $16.10. Price fell $7.72 or near 48% in the past year.

Assuming Kingstone's stock trades in the range of $7.00 to $17.00 this year, Kingstone's recent $8.38 price could rise by $1.62 and go to $10.00 by late-July, 2020.

KINS Dividends

Kingstone's most recent quarterly dividend is $0.10 paid June 14th.

That $0.10 Q payout equates to an annual dividend of $0.40 generating a yield of 4.77% based on Friday's $8.38 closing price.

Gains For KINS?

Adding the $0.40 annual estimated dividend to my $1.62 estimate of Kingstone's price upside shows a $2.02 potential gross annual gain, per share, which will be reduced by costs to trade those shares.

Say we pay a little under $1,000.00 today at the $8.38 recent stock price, we'd buy 119 Kingstone Companies Inc shares.

A $10 broker fee paid half at purchase and half at sale will cost us $0.8 per share.

Subtract that $0.08 brokerage cost from the estimated $2.02 gross annual gain leaves a net gain of $1.84 X119 shares = $218.96 or a 21.9% net gain on a $997.22 investment.

Therefore, Kingstone Companies Inc whose trading ticker symbol is KINS now shows a possible net gain of 21.9% including a 4.77% dividend yield.

Two brokers track Kingstone Companies Inc stock:

One says "Buy" KINS.

One says KINS will "Outperform" its peers.

Their consensus score of 1.5 equates to "Outperform."

Now we can look at Kingstone Companies Inc and see it has made money, is making money, and could net a 21.9% gain including a 4.77% 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 Kingstone Companies Inc is worth your time and money.