DuPont slashes dividend 200% to $0.20 per share

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Summary · why it matters

DuPont declared a quarterly dividend of $0.20 per share, a 200% increase from the previous $0.60, as part of this week's dividend activity that also saw increased payouts from Matson and AZZ, and declarations from Pfizer and AT&T. Matson raised its dividend to $0.38 from $0.36, a 5.6% increase, while AZZ increased its payout to $0.24 from $0.20, a 20% rise. Pfizer declared a dividend of $0.43 per share and AT&T declared $0.2775 per share. Looking ahead, Comcast and Sysco will have their ex-dividend dates on July 1 and July 2, respectively, for their upcoming payments.

Impact on assets 11

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Dupont De Nemours Inc
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▲ PositiveCapitalrelevance

DuPont slashed its dividend by 200% to $0.20 per share, which is a positive capital allocation move that increases retained earnings.

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