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 technology stocks striving to join my Volio folio. This could be my twenty-fourth pick for Volio!

That technology sector includes nineteen industries ranging from communication equipment, computers, consumer electronics, and contract manufacturing, to health, information technology and services, to internet, scientific instruments, software, solar, and all such techno-marvels.

My subject today is a large-cap semiconductor supplier named, Texas Instruments Inc. Their trading ticker symbol is TXN. This is my first-ever report about Texas Instruments Inc.

Dallas-based Texas Instruments generates about 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in digital signal processors, used in wireless communications, and microcontrollers used in a wide variety of electronics applications.

Texas Instruments Incorporated markets and sells its semiconductor products through direct sales and distributors, as well as online. The company was founded in 1930 and, as mentioned, is headquartered in Dallas, Texas.

I use three key data points to gauge dividend equities or funds like Texas Instruments 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.

TXN Price

Texas Instruments' price per share closed at $129.64 yesterday. A year ago its price was $104.76. Thus, in the past year, its market price increased  $24.88, or just under 23.75%.

Assuming Texas Instruments's stock trades in the range of $110 to $140 this next year, its recent $129.64 price could rise by $5.36 to reach $135.00 by February 11, 2021, assuming upward price momentum continues.

TXN Dividends

Texas Instruments's latest declared quarterly dividend was $0.90 paid yesterday February 10. That $0.90 Q dividend equates to an annual payout of $3.60 and yields 2.78% at yesterday's $129.64 share price.

TXN Gains?

Adding the $3.60 annual estimated dividend to my $5.36 estimate of Texas Instruments Inc price upside shows an $8.96 potential gross gain, per share, which will be reduced by any costs to trade those shares.

Say we put a little over $1,000.00 today in HP Inc at its recent $129.64 price, would buy 8 shares of TXN.

A $10 broker fee paid half at purchase and half at sale could cost us about $1.25 per share.

Subtract that $1.25 brokerage cost from the estimated $8.96 gross estimated gain per share leaves a net gain of $7.71 X 8 shares = $61.68 or a 6.15% net gain on a $1,037.12 investment.

Therefore, Texas Instruments Inc, whose trading ticker symbol is TXN shows a possible 6.15% net gain including a 2.78% 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 Texas Instruments Inc, is worth your time and money.