We recently published 10 Stocks Left Behind in a Roaring Market. Dow Inc. (NYSE:DOW) was one of the worst performers on Wednesday.
Dow Inc. dropped its share prices by as much as 4.5 percent in intra-day trading on Wednesday before ending at $30.03 apiece amid the lack of fresh catalysts to boost buying appetite, while investors repositioned portfolios ahead of a dividend payment.
In a notice earlier this month, Dow Inc. (NYSE:DOW) said that it would distribute $0.35 per share to all shareholders on record as of this Friday, February 27, payable on March 13. This marks the 458th consecutive dividend paid by the company or its affiliates since 1912.
The dividends followed its earnings performance last year, which saw a net loss attributable to shareholders of $2.6 billion versus a $1.1 billion net income in 2024, primarily due to a decline in prices and operating rates.
Net sales were also down by 6.9 percent to $39.97 billion from $42.96 billion year-on-year.
In the fourth quarter alone, net loss attributable to shareholders widened by 2,811 percent to $1.5 billion from only $53 million year-on-year, while net sales were lower by 9 percent at $9.46 billion versus $10.4 billion.
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