This week, I'm looking for the sixth industrials representative of eight for my Ivy portfolio.

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.

Today I'm reviewing a mid-cap tools and accessories company named The Timken Co. Their trading ticker symbol is TKR. I last reported on this firm October 24, 2018.

The Timken Company is a manufacturer of bearings, gear belts, and chain-related products. The company sells its portfolio of bearings, including tapered, spherical and cylindrical roller bearings, and thrust and ball bearings, through a network of authorized dealers to end users or directly to original equipment manufacturers.

End-market sectors include general industrial, automotive, rail, energy, heavy truck, defense, agriculture, metals, mining, civil aerospace, construction, pulp and paper, and cement industries. Its segments are Mobile Industries and Process industries. Timken generates most of its revenue in the United States of America.

The Timken Company was founded in 1899 and is headquartered in North Canton, Ohio.

I use three key data points to gauge dividend paying equities or funds like The Timken Co:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest.

Those three basic keys, however, best tell whether a company has made, is making, and will make money.

TKR Price

Timken's price per share closed at $49.51 yesterday. A year ago its price was $43.40. Price was up $6.11 or 14% in the past year.

Assuming Timken's stock trades in the range of $35.00 to $60.00 this year, Timken's recent $49.51 price could rise by $5.49 and go to $55.00 by early July 2020.

TKR Dividends

Timken's most recent quarterly dividend is $0.28 paid, June 4th.

That $0.28 Q payout equates to an annual dividend of $1.12 which produces a yield of 2.26% based on yesterday's $49.51 closing price.

Gains For TKR?

Adding the $1.12 annual estimated dividend to my $5.49 estimate of Timken's price upside shows a $6.61 potential gross annual gain, per share, which will be reduced by costs to trade those shares.

Say we pay a little under $1,000.00 today at the $49.51 recent stock price would buy 20 The Timken Co equities.

A $10 broker fee paid half at purchase and half at sale will cost us $0.50 per share.

Subtract that $0.50 brokerage cost from the estimated $6.61 gross annual gain leaves a net gain of $6.11 X 20 shares = $122.20 or a 12.25% net gain on a $990.20 investment.

Therefore, Timken Co whose trading ticker symbol is TKR now shows a possible net gain of 12.25% including a 2.26% dividend yield.

Ten brokers track The Timken Co stock:

Seven brokers say "Buy" TKR.

Three brokers say "Hold" your TKR shares.

Their consensus score of 1.60 equates to "outperform."

Now we can look at The Timken Co and see it has made money, is making money, and could net a 12.25% gain including a 2.26% 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 determine if The Timken Co is worth your time and money.