This week my Safari portfolio seeks a high yield and growing stock in the Industrials sector. That sector has twenty-three industries all busy designing, fabricating and servicing things we want and use, from aerospace to waste management and all the business services and equipment required in between.

I review here an industrial distribution firm. It's a nano-cap stock with market capital under $200 million. Its name is Rocky Mountain Dealerships, Inc. (RCKXF).

Rocky Mountain Dealerships Inc.,  through subsidiaries, sells, leases and provides product and warranty support for agriculture and industrial equipment in Western Canada and the United States. It offers farming and industrial equipment of various brands, including Case IH Agriculture, Case Construction, New Holland, Bourgault, Seed Hawk, MacDon, and Claas through its store and online.

As of March 13, 2018, the company operated a dealership network of 34 branches under the Rocky Mountain Equipment name, in Alberta,  Manitoba, and Saskatchewan.  Rocky Mountain Dealerships Inc. was founded in 1949 and is headquartered in Calgary, Canada.

I use three key data points gauge the value of dividend equities or funds like Rocky Mountain Dealerships: 

(1) Price

(2) Dividends

(3) Returns

After those three, four more keys will finally unlock an equity or fund in which to invest. However, first these three primary keys best tell whether a company has made, is making, and will make money.

RCKXF Price

Rocky Mountain's price was $9.67 per share at yesterday's market close.  A year ago its price was $6.99 for a gain of $2.68 per share. Assuming Rocky Mountain's price can trade above the range of $6.50 to $11.05 next year, its price could grow another $2.68 from $9.67 to $12.35 by April, 2019.

RCKXF Dividends

Rocky Mountain's most recent quarterly dividend was $0.09 declared in February, and paid March 30, 2018. That quarterly payout pegs its annual amount at $0.36 for a yield of 3.7% at yesterday's $9.67 share price.

Gains For RCKXF?

Adding the $0.36 annual dividend to the $2.68 potential year over year price gain makes a $3.04 projected gross annual gain, which is reduced by the cost to trade these shares. $1,000.00 invested today at the $9.67 price buys 103 shares. A $10 broker fee paid half at purchase and half at sale costs about $0.10 per share

Subtracting that $0.10 brokerage cost from the estimated $3.04 gross gain leaves a net gain of $2.94 X 103 shares = $302.82 or a 30.4% net gain on a $996.01 investment. Therefore, Rocky Mountain Dealerships now shows a possible 30.4% net gain including a 3.7% dividend yield.

No analysts cover this stock. However its past 9-year price history shows steady growth from $5 in September, 2009 to a peak of $14.15 as of May 28, 2013 followed by a steady decline to $4 price in January 2016. It rose up to a recent peak of $11.04 in January 16, 2018 from which Rocky's price declined 12.4% to its present $9.67 price.

Those forward looking numbers were conjecture based on past year performance. The 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 Rocky Mountain Dealerships Inc. is worth your time and money.