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 third of five financial services sector stocks poised to join my Volio folio this week. This could be my thirty-sixth 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 an eastern European payment services company named, QIWI PLC. Its trading ticker symbol is QIWI. This is my second report for this portfolio on QIWI PLC. Most recently I reported on them on February 4.

QIWI PLC is engaged in operating electronic online payment systems in Russia, Kazakhstan, Moldova, Belarus, Romania, United Arab Emirates (UAE) and other countries and provide consumer and small and medium enterprises (SME) financial services.

The company's segments include Payment Services segment; Consumer Financial Services segment; Small and Medium Businesses segment; Rocketbank segment; and Corporate and Other segment.

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

I use three key data points to gauge dividend 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 $12.10 yesterday. A year ago their price was $13.52. Market price dropped $1.42 or almost 10.5% in the past year.

Assuming QIWI's stock trades in the range of $7 to $17 this next year, its recent $12.20 price might rise by $3.70 to reach $16.00 by May 7, 2021.

QIWI Dividends

QIWI's  most recent declared quarterly dividend was $0.22 payable April 15th. That $0.22 Q dividend equates to $0.88 annually and yields 7.21% at yesterday's $12.20 share price.

QIWI Gains?

Adding the $0.88 annual estimated dividend to my $3.80 optimistic estimate of QIWI's price upside shows a $4.68 potential gross gain, per share, reduced by any costs to trade those shares.

A little over $1,000.00 invested today in QIWI PLC shares at their $12.20 price, buys 82 shares of QIWI stock.

A $10 broker fee paid half at purchase and half at sale could cost about $0.12 per share.

Subtract that $0.12  brokerage cost from my estimated $4.68 gross gain per share results in a net gain of $4.56 X 82 shares = $373.92 for a 37.3% net gain on a $1,000.40 investment.

Therefore, QIWI PLC, whose trading ticker symbol is QIWI shows a possible 37.3% net gain including a 7.21% 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 QIWI PLC is worth it.