Recent Buy - DOW Inc (DOW)

I've been cautiously watching the market over the past several weeks reading up on various stocks as there always seems to be at a least a handful appealing valuations hiding in plain sight.  One franchise that has caught my attention in recent weeks has been DOW Inc. (DOW).  This company was recently spun off from  DowDupont (DWDP) conglomerate that merged a few years back which disclosed the intent of eventually dividing the combined company into three separate publicly traded companies.  The material science division of DowDupont was the first to be spun-off, effective April 1, 2019, and is now known as the "new" DOW Inc. See below for details of the purchase along with some additional metrics and information obtained from the 2018 investor day.

2019 April Dividend Summary

Better late than never as they say.  Life has been super busy both professionally and on a personal level as it typically is this time of year for me.  I have multiple kids playing baseball and a daughter involved in dance so once I am done with work for the day I am usually dashing off to one more activities each evening. However, despite these times, the one great thing about passive income is that my invested capital keeps working with very little, if any involvement, from myself day to day.  At most, I reinvest the passive income and allocate new capital to where I perceive the greatest value to be a few times each month.  Below is the April dividend summary which reflects a favorable increase in YoY dividend income despite an ad hoc transaction that impacted the portfolio's income in April.  See below for further details.

Portfolio Impact of the DIS and FOXA Transaction

In March, the Disney (DIS) and Twenty-First Century Fox (FOXA) transaction was completed.  Over a year ago, Disney agreed to purchase a portions of FOXA assets at a value of $71.3B.  This post is published to record the impact on the portfolio as well as my subsequent allocation between my accounts.  Below are the details of these transactions.