DuPont (DD) Authorizes $2B Buyback; Declares Qtr. Dividend of 41c/Share, Yielding 2.98%

April 27, 2011 9:07 AM EDT
DuPont (NYSE: DD) announces a $2 billion buyback program. The company said the buyback won't begin until the remaining $500 million left from a prior buyback are repurchased.

The company also declared a quarterly dividend of 41 per common share, payable on June 10 to shareholders of record on May 13. The ex-dividend date is May 11.

With DuPont shares closing at $55.06 on Tuesday, the dividend yields 2.98%.


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