I'm now looking for a second stalwart industrial sector representative for my new Ivy portfolio. That industrial 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 small-cap tools and accessories firm, NN Inc. Its trading ticker symbol is NNBR.

NN Inc manufactures precision bearing components, industrial plastic products and precision metal components serving a variety of markets on a global basis. It operates through Autocam Precision Components Group and Precision Engineered Products Group segments.

The Autocam Precision Components Group segment manufactures components for use in the automotive industry; and highly engineered shafts and mechanical components for the heating, ventilation, air conditioning, and fluid power industries.

The Precision Engineered Products Group segment manufactures various components, assemblies, and instruments for the medical and life sciences end markets; and electrical contacts, connectors, contact assemblies, and precision stampings for the electrical end market. It also produces unique products for the automotive and general industrial end markets, and the aerospace and defense end markets. NN, Inc. was founded in 1980 and is headquartered in Charlotte, North Carolina.

I use three key data points to gauge the value of any dividend equity or fund like NN Inc (NNBR):

(1) Price

(2) Dividends

(3) Returns Besides those three, four other keys will finally unlock equity or fund in which to invest.

But those first three primary keys, best tell whether a company has made, is making, and will make money. NNBR Price NN's price per share closed at $6.59 yesterday.

A year ago its price was $28.35. So the price fell $21.76 per share last year, or 76.75%. Assuming NN's stock will trade in the range of $5 to $20 next year, NN's recent $6.59 price could move up by $1.41 and grow to $8.00 by early-January, 2020.

NNBR Dividends NN's most recent quarterly dividend was $0.07 declared November 16th and payable, December 17th. That $0.07 quarterly stipend equals an annual payout of $0.28 yielding 4.25% at yesterday's $6.59 closing price. Gains For NNBR?

Adding the $0.28 annual estimated dividend to my estimated $1.41 annual price upside estimate for NN Inc. (NNBR) totals a $1.69 potential gross annual gain, per share, which will be reduced by costs to trade those shares. For a little over $1,000.00 invested today at the $6.59 recent price, we could buy 152 NNBR shares. A $10 broker fee paid half at purchase and half at sale costs us $0.065 per share. Subtract that $0.065 brokerage cost from the estimated $1.69 gross annual gain leaves a net gain of $1.635 X152 shares = $248.52 for about 24.75% net gain on a $1,001.68 investment.

Therefore, NN Inc whose trading ticker symbol is NNBR, now shows a possible 24.75% net gain including a 4.25% dividend yield.

Seven brokers cover this stock:

Three say "buy" NNBR shares.

One thinks NNBR will "outperform" peers.

Three brokers say "hold" NNBR shares.

Therefore, you can look at NN Inc. (NNBR) and see it has made money, is making money, and could rise to net a 24.75% net annual gain including that 4.25% estimated 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 NN Inc. (NNBR) is worth your time and money.