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

Today I'm reviewing the second of five financial services stocks striving to join my Volio folio. This could be my twenty-third pick for Volio!

That financial services 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.

My subject today is a small-cap credit services firm named, QIWI plc. Their trading ticker symbol is QIWI. This is my first report for QIWI plc.

QIWI plc is engaged in operating electronic online payment systems in Russia and sells electronic payment kiosks and maintains banking activity supporting the processing of payments. The company's reportable segments include Payment Services, Consumer Financial Services, Small and Medium Enterprises, Rocketbank and Corporate and Other. It derives maximum revenue from the Payment Services segment. Geographically, it generates majority revenue from Russia and also has a presence in Other CIS, EU and Other countries.

Qiwi plc was incorporated in 2007 and is based in Nicosia, Cyprus.

I use three key data points to gauge dividend-paying equities or funds like QIWI plc:

(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.

QIWI Price

QIWI's price per share closed at $18.37 yesterday. A year ago its price was $16.33. So, in the past year, its market price grew by $2.04, or just about 28.9%.

Assuming QIWI plc stock trades in the range of $12 to $28 this next year, its recent $18.37 price could rise by $5.63 to reach $24.00 by February 4, 2021, assuming upward price momentum returns.

QIWI Dividends

QIWI's latest declared quarterly dividend was $0.28, paid December 9. That $0.28 Q equates to an annual payout of $1.12 and yields 6.10% at yesterday's $18.37 share price.

QIWI Gains?

Adding the $1.12 annual estimated dividend to my $5.63 estimate of QIWI plc price upside shows a $6.75 potential gross gain, per share, which will be reduced by any costs to trade those shares.

As for costs, if we put a little under $1,000.00 today in QIWI plc at its recent $18.37 price, would buy 54 shares of QIWI.

A $10 broker fee paid half at purchase and half at sale could cost us about $0.19 per share.

Subtract that $0.19 brokerage cost from the estimated $6.75 gross estimated gain per share leaves a net gain of $6.56 X 54 shares = $354.24 or a 35.45% net gain on a $991.98 investment.

Therefore, QIWI plc, whose trading ticker symbol is QIWI shows a possible 35.45% net gain including a 6.10% 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 QIWI plc, is worth your time and money.