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 second of five materials sector stocks this week striving to join my Volio folio. This could be my thirty-fourth pick for Volio!

That basic materials sector includes thirteen industries all related to mining, making, and delivering essential commodities. They are: agricultural inputs; aluminum; building materials; chemicals; coal; copper; industrial metals; steel; paper; silver; specialty chemicals; gold.

My subject today is a chemical company named, Dow Inc. Its trading ticker symbol is DOW. This is my second report on Dow Inc this year. And I did one last year too. Both aimed at this portfolio/

Dow Inc is a diversified chemical manufacturing company. It combining science and technology to develop innovative solutions that are essential to human progress. Dow's portfolio is comprised of six global business units, organized into three operating segments: Performance Materials and Coatings, Industrial Intermediates and Infrastructure and Packaging and Specialty Plastics.

It also engages in property and casualty insurance, as well as reinsurance business.

Dow Inc. was incorporated in 2018 and is headquartered in Midland, Michigan.

I use three key data points to gauge dividend equities or funds like Dow Inc:

(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.

DOW Price

Dow's price per share closed at $31.60 yesterday. A year ago their price was $57.89. Market price dropped $26.59 or nearly 46%.

Assuming Dow's stock trades in the range of $20 to $50 this next year, its recent $31.60 price might rise by $3.40 to reach $35.00  by April 21, 2021.

DOW Dividends

Dow's most recent declared quarterly dividend was $0.70 payable June 12th. That $0.70 Q dividend equates to $2.80 annually for a yield of 8.86%.

DOW Gains?

Adding the $2.80 annual estimated dividend to my $3.40 optimistic estimate of Dow's price upside shows a $6.20 potential gross gain, per share, reduced by any costs to trade those shares.

A little over $1,000.00 today put into Dow Inc shares at their $31.60 price, buys 32 shares of DOW.

A $10 broker fee paid half at purchase and half at sale could cost about $0.31 per share.

Subtract that $0.31  brokerage cost from my estimated $6.20 gross gain per share results in a net gain of $5.89 X 31 shares = $182.59 or an 18.25% net gain on a $1,011.20 investment.

Therefore, Dow Inc, whose trading ticker symbol is DOW shows a possible 18.25% net gain including an 8.86% 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 Dow Inc is worth the expenditure.