DuPont de Nemours, Inc. (NYSE:DD – Get Free Report) declared a quarterly dividend on Tuesday, October 13th. Shareholders of record on Monday, November 30th will be given a dividend of $0.60 per share by the basic materials company on Tuesday, December 15th. This represents a $2.40 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Monday, November 30th.
DuPont de Nemours has raised its dividend payment by an average of 1.1% per year over the last three years. DuPont de Nemours has a payout ratio of 48.3% meaning its dividend is sufficiently covered by earnings. Research analysts expect DuPont de Nemours to earn $7.91 per share next year, which means the company should continue to be able to cover its $2.40 annual dividend with an expected future payout ratio of 30.3%.
DuPont de Nemours Price Performance
Shares of DD opened at $128.41 on Thursday. The company has a market capitalization of $17.34 billion, a price-to-earnings ratio of 285.42, a P/E/G ratio of 1.18 and a beta of 1.05. DuPont de Nemours has a fifty-two week low of $97.34 and a fifty-two week high of $157.98. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.43 and a quick ratio of 1.82. The business’s 50-day moving average is $133.78 and its 200-day moving average is $138.29.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on DD shares. UBS Group decreased their target price on shares of DuPont de Nemours from $178.00 to $172.00 and set a “buy” rating for the company in a research note on Monday, October 5th. Barclays assumed coverage on shares of DuPont de Nemours in a report on Tuesday. They set an “overweight” rating and a $156.00 price target on the stock. The Goldman Sachs Group dropped their price target on shares of DuPont de Nemours from $159.00 to $153.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 30th. Royal Bank Of Canada cut their price objective on DuPont de Nemours from $180.00 to $176.00 and set an “outperform” rating for the company in a report on Friday, August 7th. Finally, Zacks Research lowered DuPont de Nemours from a “strong-buy” rating to a “hold” rating in a report on Friday, July 17th. Twelve analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $163.00.
Check Out Our Latest Research Report on DuPont de Nemours
DuPont de Nemours Company Profile
DuPont de Nemours, Inc is a science and technology company that develops engineered materials, specialty chemicals and other performance solutions for industrial and consumer markets. Its products are used in areas including electronics and semiconductor manufacturing, water purification, healthcare, transportation, construction, aerospace, worker safety and industrial processing.
DuPont’s portfolio includes well-known brands and materials such as Kevlar aramid fiber, Nomex flame-resistant materials, Tyvek protective materials, Kapton polyimide film, Vespel high-performance parts and Corian solid-surface materials.
Featured Articles
- Five stocks we like better than DuPont de Nemours
- Tesla Wants to Make Its Own Chips—What Could Go Wrong?
- IREN Limited’s AI Pivot Gains Traction—But Can Its Data Centers Deliver?
- PBF Energy’s Stunning Rally Faces a Critical Test
- Citi Stock Falls Despite Earnings Beat: What Investors Need to Know
Receive News & Ratings for DuPont de Nemours Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DuPont de Nemours and related companies with MarketBeat.com's FREE daily email newsletter.
