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 my latest portfolio seeks a high-yield and growing stock in the technology sector. That sector includes nineteen industries ranging from communication equipment, computers, consumer electronics, and contract manufacturing, to health and information technology and services to internet, scientific instruments, software, solar and all such technological enterprises.

Today I'm reviewing a semiconductor firm. It's a mid-cap stock with market capital of between $2 billion and $10 billion. Its name is Cypress Semiconductor CorporationIts trading ticker symbol is CY. 

Cypress Semiconductor Corp operates as a semiconductor company in the United States and internationally. It delivers various high-performance, mixed-signal, programmable solutions also known as chips.

The company serves various markets, including automotive, industrial, consumer, computation, communications, video, and medical markets. 

Cypress Semiconductor Corporation sells its chips through distributors and manufacturing representative firms, as well as through sales force directly to original equipment manufacturers. 

The company was founded in 1982 and is headquartered in San Jose, California.

I use three key data points gauge the value of any dividend equity or fund like Cypress Semiconductor (CY): 

(1) Price

(2) Dividends

(3) Returns

CY Price

Cypress Semiconductor's price was $16.53 per share at yesterday's market close.A year ago its price was $14.09 for a gain of $2.44 per share in the past year.  

Assuming Cypress Semiconductor's price will trade between the range of $13.00 to $19.00 next year, its price could grow another $2.44 from $16.53 to $18.97 by April, 2019. 

CY Dividends

Cypress Semiconductor's most recent variable quarterly dividend was $0.11 declared February 20 and paid yesterday, April 19. Total annual dividend paid in 2017 was $0.44 per share. An expected repeat of the $0.44 amount for 2018 will yield 2.7% at yesterdays stock price.

Gains For CY?

The $2.44 estimated year over year price gain plus an anticipated dividend of$0.44 makes a projected gross annual gain of $2.88, which will be reduced by the cost to trade these shares.  

$1,000.00 invested today at the $16.53 price buys 60 shares. 

A $10 broker fee paid half at purchase and half at sale subtracts about $0.17 per share, taking that $0.17 brokerage cost out of the estimated $2.88 gross gain leaves a net gain of $2.71 X 60 shares = $162.60 or a16% potential net gain on a $991.80 investment.

Therefore, Cypress Semiconductor Corporation (whose ticker symbol is CY), now shows a possible 16% net gain including a 2.7% dividend yield. 

Fifteen analysts cover this stock. Five say buy. Three say it will outperform. Six say hold. None see it underperforming but one says sell. 

The fifteen broker analysts consensus recommendation is outperforming with a score of 2.3 on the 1 (buy) to 5 (sell) scale.

The forward-looking numbers were conjecture based on past year performance. Actual results remain to be seen. They could turn out to be far higher or lower. More study is required for you to determine if Cypress Semiconductor Corporation (CY) is worth your time and money.