DowDuPont Inc (NYSE:DWDP) declared a quarterly dividend on Friday, October 12th, Wall Street Journal reports. Investors of record on Friday, November 30th will be given a dividend of 0.38 per share on Friday, December 14th. This represents a $1.52 annualized dividend and a yield of 2.55%. The ex-dividend date is Thursday, November 29th.

DowDuPont has a payout ratio of 36.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect DowDuPont to earn $4.91 per share next year, which means the company should continue to be able to cover its $1.52 annual dividend with an expected future payout ratio of 31.0%.

DWDP stock opened at $59.66 on Friday. The stock has a market capitalization of $149.78 billion, a P/E ratio of 17.55, a P/E/G ratio of 1.54 and a beta of 1.35. DowDuPont has a 12 month low of $58.81 and a 12 month high of $77.08. The company has a current ratio of 1.70, a quick ratio of 1.15 and a debt-to-equity ratio of 0.27.

DowDuPont (NYSE:DWDP) last posted its quarterly earnings results on Thursday, August 2nd. The company reported $1.37 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.29 by $0.08. The company had revenue of $24.25 billion for the quarter, compared to the consensus estimate of $23.71 billion. DowDuPont had a net margin of 2.62% and a return on equity of 8.46%. The business’s quarterly revenue was up 75.3% compared to the same quarter last year. On average, equities research analysts expect that DowDuPont will post 4.16 EPS for the current fiscal year.

Several research analysts recently commented on DWDP shares. Nomura downgraded shares of DowDuPont from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $81.00 to $76.00 in a research note on Wednesday, September 26th. BNP Paribas initiated coverage on shares of DowDuPont in a research note on Tuesday, October 2nd. They issued a “neutral” rating and a $75.00 price target on the stock. ValuEngine downgraded shares of DowDuPont from a “hold” rating to a “sell” rating in a research report on Friday, September 28th. Citigroup cut their target price on shares of DowDuPont from $81.00 to $79.00 and set a “buy” rating on the stock in a research report on Friday, September 21st. Finally, Barclays cut their target price on shares of DowDuPont from $77.00 to $75.00 and set an “equal weight” rating on the stock in a research report on Monday, August 6th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and thirteen have given a buy rating to the company. DowDuPont presently has a consensus rating of “Buy” and a consensus target price of $80.31.

In other DowDuPont news, General Counsel Charles J. Kalil sold 100,645 shares of the firm’s stock in a transaction dated Monday, August 27th. The shares were sold at an average price of $70.75, for a total transaction of $7,120,633.75. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Edward D. Breen bought 29,580 shares of the business’s stock in a transaction on Wednesday, August 8th. The shares were acquired at an average cost of $67.61 per share, for a total transaction of $1,999,903.80. The disclosure for this purchase can be found here. Company insiders own 0.42% of the company’s stock.

DowDuPont Company Profile

DowDuPont Inc, through its subsidiaries, engages in agriculture, materials science, and specialty products businesses worldwide. The company's Agriculture segment develops and sells hybrid corn seed and soybean seed varieties; canola, cotton, sunflower, sorghum, wheat, and rice seeds; silage inoculants; and weed control, disease control, and insect control products.

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Dividend History for DowDuPont (NYSE:DWDP)

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