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 consumer cyclical sector stocks this week striving to join my Volio folio. This could be my thirty-third pick for Volio!

That consumer cyclical sector includes twenty-eight industries ranging from Advertising Agencies to Apparel, Autos, Broadcasting, Department Stores, Gambling, Leisure, Lodging, Packaging, Personal Services, Shoes, Restaurants, Rubber, Plastics, Textiles, and all such consumer aimed enterprises.

My subject today is an auto parts company named, Magna International Inc. Its trading ticker symbol is MGA. This is my first ever report on Magna International Inc.

Magna International prides itself on highly entrepreneurial culture and a corporate constitution that outlines distribution of profits to various stakeholders.

This automotive supplier's product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision, and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contracted vehicle assembly.

Roughly half of Magna's revenue comes from North America while Europe accounts for approximately 40%.

Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.

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

MGA Price

Magna's price per share closed at $34.77 yesterday. A year ago their price was $55.01. Market price dropped $20.24 or nearly 36.8% last year.

Assuming Magna's stock trades in the range of $20 to $45 this next year, its recent $34.77 price might rise by $5.23 to reach $40.00  by April 16, 2021.

MGA Dividends

Magna's most recent declared quarterly dividend was $0.40 paid March 20th. That $0.40 Q dividend shows an annual payout of $1.60 to yield 4.60% at yesterday's $34.77 share price.

MGA Gains?

Adding the $1.60 annual estimated dividend to my $5.23 estimate of Magna International Inc price upside shows a $6.83 potential gross gain, per share, reduced by any costs to trade those shares.

Put a little over $1,000.00 today in Magna International Inc at the $34.77 share price, buys 29 shares of MGA.

A $10 broker fee paid half at purchase and half at sale could cost about $0.34 per share.

Subtract that $0.34  brokerage cost from my estimated $6.83 gross gain per share results in a net gain of $6.49 X 29 shares = $188.21 or an 18.8% net gain on a $1,008.33 investment.

Therefore, Magna International Inc, whose trading ticker symbol is MGA shows a possible 18.8% net gain including a 4.6% 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 Magna International In is worth the expenditure.