DuPont (DD) Declares $0.38 Quarterly Dividend; 2.3% Yield
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DuPont Reports 1Q Operating EPS(1) of $1.26 and GAAP EPS of $1.39
April 25, 2016 9:00 PM EDTWILMINGTON, Del., April 25, 2016 /PRNewswire/ --Â
First-Quarter Highlights
First-quarter operating earnings1 were $1.26 per share, equal to the prior year. Excluding $0.10 per share of negative impact from currency, operating EPS1 increased 8 percent versus prior year. GAAP2 earnings per share were $1.39 versus $1.11 in prior year. Â Â Â Â Â Â Â Operating costs3 declined by approximately $135 million, a 7 percent reduction versus prior year. Corporate expenses, on an operating earnings1 basis, declined 44 percent versus prior year. Â Â Â Â Â Â Â Â Local price and product mix gains of 2 percent in Agriculture and 3 percent volume growth... More