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 technology sector stocks striving to join my Volio folio. This could be my thirty-first 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 small-cap semiconductor equipment and materials company named, Xperi Corp. Their trading ticker symbol is XPER. This is my third report on Xperi Corp. Most recently you heard me describe this outfit last year as a candidate for my Ivy Portfolio. It was not selected.      

Xperi Corp is a provider of semiconductor packaging and interconnects solutions and intellectual property products to original equipment manufacturers. The company has two reportable segments: Product Licensing and Semiconductor and IP Licensing. It generates maximum revenue from the Product Licensing segment. The company has a presence in Korea, Japan, the U.S., Europe, and the Middle East, Taiwan and other countries of which generates maximum revenue from Korea.

The company was formerly known as Tessera Holding Corporation and changed its name to Xperi Corporation in February 2017. Xperi Corporation was incorporated in 1990 and is headquartered in San Jose, California.

I use three key data points to gauge dividend equities or funds like Xperi Corp:

(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.

XPER Price

Xperi's price per share closed at $13.91 yesterday. A year ago their price was $23.92. Thus, in the past year, their market price dropped $10.01 or almost 42%.

Assuming Xperi's stock trades in the range of $10 to $20 this next year, its recent $13.91 price might rise by $4.09 to reach $18.00 by April 1, 2021, assuming upward price momentum continues.

XPER Dividends

Xperi's last declared quarterly dividend was $0.20 paid March 25th. That $0.20 Q dividend projects an annual payout of $0.80 to yield 5.75% at yesterday's $13.91 share price.

XPER Gains?

Adding the $0.80 annual estimated dividend to my $4.09 estimate of  Xperi Corp price upside shows a $4.89 potential gross gain, per share, which will be reduced by any costs to trade those shares.

So when we put a little over $1,000.00 today in Xperi Corp at its recent $13.91  share price, we'd buy 72 shares of XPER.

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

Subtract that $0.14 brokerage cost from my estimated $4.89 gross gain per share results in a net gain of $4.75 X 72 shares = $342.00 or a 34% net gain on a $1,001.52 investment.

Therefore, Xperi Corp, whose trading ticker symbol is XPER shows a possible 34% net gain including a 5.75% 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 Xperi Corp is worth the expenditure.