DowDuPont (DWDP) Declares $0.38 Quarterly Dividend; 2.1% Yield; Approves $4B Repurchase Program

DowDuPont (NYSE: DWDP) declared a quarterly dividend of $0.38 per share, or $1.52 annualized.

The dividend will be payable on December 15, 2017, to stockholders of record on November 15, 2017, with an ex-dividend date of November 14, 2017.

The annual yield on the dividend is 2.1 percent.

“Rewarding our owners over both the near- and long-term has been a top priority for both legacy companies, and it remains so for DowDuPont,” said Andrew Liveris, executive chairman of DowDuPont. “The Board considered many factors in making these decisions, following an approach that delivers benefits to both heritage Dow and DuPont shareholders.”

“We’re committed to returning cash to shareholders consistent with the heritage of both Dow and DuPont, and to preserving the financial flexibility to achieve the target capital structures to support the strong independent companies we intend to create,” said Ed Breen, chief executive officer of DowDuPont.

For a dividend history and other dividend-related data on DowDuPont (DWDP) click here.

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