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 second of five industrials stocks striving to be picked to join the Volio folio collection. This would be the sixth pick for Volio!

That industrials 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.

My subject today is a small-cap business services entity named Resources Connection Inc. Their trading ticker symbol is RECN. I previously reported on RECN on March 15 and on August 20th selected it for my Ivy portfolio.

Resources Connection Inc provides consulting and business initiative support services primarily through its operative subsidiary, Resources Global Professionals.

The company offers transformation and improvement, financial reporting and analysis, strategy development, and program and project management services and support.

Its clients operate in the accounting, finance, corporate governance, risk and compliance management, corporate advisory, strategic communications and restructuring, information management, human capital, supply chain management, and legal and regulatory sectors.

The company was formerly known as RC Transaction Corp. and changed its name to Resources Connection, Inc. in August 2000.

Resources Connection, Inc. was founded in 1996 and is headquartered in Irvine, California.

I use three key data points to gauge dividend-paying equities or funds like Resources Connection 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.

RECN Price

RECN's price per share closed at $14.21 yesterday. A year ago its price was $18.39. So, in the past year, its price dropped $4.18 or 22.7%.

Assuming RECN's stock trades in the range of $12.00 to $18.00 this next year, RECN's recent $14.21 price could rise by $1.29 and get to $15.50 by early October 2020, if upward momentum strikes.

RECN Dividends

RECN's latest declared quarterly dividend was $0.14, paid September 19th.

That $0.14 Q dividend equated to $0.56 annually and yields 3.94% based on yesterday's $14.21 closing price.

RECN Gains?

Adding the $0.56 annual estimated dividend to my $1.29 estimate of  RECN's price upside shows a $1.85 potential gross gain, per share, which will be reduced by costs to trade these shares.

Say we put a little under $1,000.00 today into Resources Connection Inc at its recent $14.21 price, we'd buy 70 shares of RECN.

A $10 broker fee paid half at purchase and half at sale will cost us about $0.14 per share.

Subtract that $0.14 brokerage cost from the estimated $1.85 gross estimated gain leaves a net gain of $1.71 X 70 shares = $119.70 or a near 12% net gain on a $994.70 investment.

Therefore, Resources Connection Inc, whose trading ticker symbol is RECN now shows a possible net gain of nearly 12% including a 3.94% 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 Healthcare Resources Connection Inc is worth your time and money.