Every New York stock exchange trading day I’m posting a daily dividend stock or fund review. I’ll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the Safari to Sweet Success.

This week’s slot in the Safari portfolio is reserved for the basic materials sector.

That sector includes thirteen industries all related to mining or making commodities. Industries include: agricultural inputs, aluminum; building materials, chemicals, coal, copper, gold, industrial metals, lumber & wood, paper, silver, specialty chemicals, and steel. 

Today I’m reviewing a supplier of stainless steel worldwide.

The company’s name is Acerinox, S.A. It’s trading ticker symbol is ANIOY .

The company manufactures, transforms, and markets stainless steel in many grades and nearly all available forms worldwide.

Acerinox, S.A. was founded in 1979 and headquartered in Madrid, Spain.

I use three primary keys to measure dividend equities or funds like Acerinox, S.A.: 

(1) Price

(2) Dividends

(3) Returns

Besides those three main keys, I’ll use four more to finally unlock an equity or fund in which to invest.

These first three keys test whether the company has made, is making, and will continue to make money.

ANIOY Price

Acerinox, S.A.’s price at Thursday’s market close was $7.38 per share. The company has positive momentum. Just a year ago its price was $5.85. That’s a gain of $1.53 in the past year. Can ANIOY do as well in the coming year?  If it does, its price will increase from $7.38 to $8.91, or 21% .

ANIOY Dividends

The company’s most recent variable annual dividend was $0.2547 declared in June and payed July 20th.  

Per Thursday’s closing price of $7.38 per share, the annual yield from $0.2547 was 3.45%.

The previous annual dividend was paid in 2013. Acerinox has a spotty dividend history.

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