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 fifth of five industrials sector stocks poised to join my Volio folio this week. One could be my forty-first pick for Volio!

That industrials sector includes twenty-three industries all related to designing, fabricating, and servicing stuff we want and use. Those 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 railroad outfit named, Trinity Industries Inc. Its trading ticker symbol is TRN. This is my third report on Trinity Industries for this Volio portfolio. My previous reports on TRN were aired on January 8 and April 8.

Trinity Industries, Inc. provides rail transportation products and services in North America. It operates through three segments: Railcar Leasing and Management Services Group, Rail Products Group, and All Other.

The company sells or leases products and services through its own sales personnel and independent sales representatives. Trinity Industries, Inc. was incorporated in 1933 and is headquartered in Dallas, Texas.

I use three key data points to gauge dividend equities or funds like Trinity Industries Inc:

(1) Price

(2) Dividends

(3) Returns

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

TRN Price

Trinity's price per share closed at $21.11 yesterday. A year ago their price was $19.98. Price grew $1.13 or about 5.6% last year.

Assuming Trinity's stock trades in the range of $10 to $25  this next year, its recent $21.11 price might rise by $2.89 to reach $24.00 by June 12, 2021.

TRN Dividends

Trinity's most recent declared quarterly dividend was $0.19 payable, July 31st. That $0.19 Q dividend equates to $0.76 annually and yields 3.6% at yesterday's $21.11 share price.

TRN Gains?

Adding the $0.76 annual estimated dividend to my $2.89 optimistic estimate of Trinity Industries In's price upside shows a $3.65 potential gross gain, per share, to be reduced by any costs to trade the shares.

If we put little under $1,000.00 today in Trinity Industries Inc shares at their $21.11 price, we'd buy 47 shares of TRN stock.

A $10 broker fee paid half at purchase and half at sale could cost us about $0.21 per share.

Subtract that $0.21 brokerage cost from my estimated $3.65 gross gain per share results in a net gain of $3.44 X 47 shares = $161.68 for a 16.2% net gain on a $992.17 investment.

Trinity Industries Inc shows a possible 16.2% net gain including a 3.6% 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 Trinity Industries Inc is worth it.