By Sabela Ojea
DuPont de Nemours is raising its quarterly dividend 41 cents a share.
The chemical and materials maker on Friday said that its board of directors approved increasing the quarterly payout to shareholders by 7.9% from 38 cents a share previously.
The new payout, equal to $1.64 a share annually, represents a yield of around 2.01%, based on the company's latest closing price of $81.65.
The new dividend will be paid on March 17 to holders of record on March 3.
Write to Sabela Ojea at sabela.ojea@wsj.com
(END) Dow Jones Newswires
February 21, 2025 16:52 ET (21:52 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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