A portfolio of stocks I've been building since September 3 is named Volio Folio. It 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!

I'm reviewing today the first of five financial services stocks striving to be picked to join the Volio folio collection. This would be the seventh pick for Volio!

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 institutions.

My subject today is a mid-cap bank - regional -US, People's United Financial Their trading ticker symbol is PBCT. I previously reported on this company on June 18, 2018, I reviewed it for my Safari portfolio and on June 25, 2019, fro my Ivy portfolio. It has yet to be selected

People's United Financial Inc has nearly $39 billion of assets. People's United Bank is one of the New England-based banks and among the top 50 in the U.S.

Of the bank's 405 locations, 40% are in Connecticut, where it ranks third by deposit market share. It also ranks among the top 10 in Vermont, New Hampshire, and Maine.

The bank offers brokerage, financial advisory and wealth management, and insurance services. Commercial real estate accounts for 35% of the loan book, C&I and equipment financing accounts for another 35%, and the rest is in mortgages and consumer.

The company was founded in 1842 and is headquartered in Bridgeport, Connecticut.

I use three key data points to gauge dividend-paying equities or funds like KAR People's United Financial 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.

PBCT Price

People's price per share closed at $15.70 yesterday. A year ago its price was $16.07. So, in the past year, its price dropped $0.37 or 2.3%.

Assuming People's stock trades in the range of $14.00 to $18.00 this next year, People's recent $15.70 price could rise by $1.30 and get to $17.00 by mid-October, 2020, assuming some solid upward price momentum kicks-in.

PBCT Dividends

People's's latest declared quarterly dividend was $0.1775, paid August 15th.

That $0.1775 Q dividend equates to $0.71 annually and yields 4.52% based on yesterday's $15.70 closing price.

PBCT Gains?

Adding the $0.71 annual estimated dividend to my $1.30 estimate of People's price upside shows a $2.01 potential gross gain, per share, which will be reduced by costs to trade these shares.

Say we put a little over $1,000.00 today into People's United Financial Inc at its recent $15.70 price, we'd buy 64 shares of PBCT.

A $10 broker fee paid half at purchase and half at sale might cost us about  $0.16 per share.

Subtract that $0.16 brokerage cost from the estimated $2.01 gross estimated gain leaves a net gain of $1.85 X 64 shares = $118.40 or an 11.75% net gain on a $1,004.80 investment.

Therefore, People's United Financial Inc, whose trading ticker symbol is PBCT now shows a possible net gain of 11.75% including a 4.52% 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 People's United Financial Inc is worth your time and money.