Dow Chemical Co (NYSE:DOW) announced a quarterly dividend on Thursday, February 9th. Investors of record on Friday, March 31st will be given a dividend of 0.46 per share on Friday, April 28th. This represents a $1.84 dividend on an annualized basis and a yield of 2.87%. The ex-dividend date of this dividend is Wednesday, March 29th.
Shares of Dow Chemical (NYSE:DOW) opened at 64.02 on Tuesday. The company’s 50-day moving average is $62.68 and its 200-day moving average is $57.26. Dow Chemical has a 12-month low of $47.51 and a 12-month high of $64.73. The firm has a market capitalization of $77.68 billion, a price-to-earnings ratio of 18.19 and a beta of 1.12.
Dow Chemical (NYSE:DOW) last posted its quarterly earnings results on Thursday, January 26th. The company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.88 by $0.11. The business earned $13 billion during the quarter, compared to analysts’ expectations of $12.36 billion. Dow Chemical had a net margin of 8.97% and a return on equity of 16.85%. The firm’s quarterly revenue was up 13.6% compared to the same quarter last year. During the same period last year, the company posted $0.93 earnings per share. On average, equities analysts forecast that Dow Chemical will post $4.09 earnings per share for the current fiscal year.
DOW has been the subject of several research reports. Zacks Investment Research upgraded shares of Dow Chemical from a “hold” rating to a “buy” rating and set a $65.00 price target for the company in a report on Friday, December 30th. Credit Suisse Group AG set a $66.00 price target on shares of Dow Chemical and gave the stock a “buy” rating in a report on Friday, January 27th. Jefferies Group LLC upgraded shares of Dow Chemical from a “hold” rating to a “buy” rating and raised their price target for the stock from $65.00 to $75.00 in a report on Monday, March 6th. Vetr cut shares of Dow Chemical from a “strong-buy” rating to a “buy” rating and set a $71.22 price target for the company. in a report on Monday, March 13th. Finally, Alembic Global Advisors set a $85.00 price target on shares of Dow Chemical and gave the stock a “buy” rating in a report on Monday, March 20th. One analyst has rated the stock with a sell rating, two have issued a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $68.02.
Dow Chemical Company Profile
Receive News & Ratings for Dow Chemical Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dow Chemical Co and related companies with MarketBeat.com's FREE daily email newsletter.