DuPont Announces 4 Percent Dividend Increase
WILMINGTON, Del., July 22, 2014 /PRNewswire/ -- DuPont today announced that its board of directors approved a third quarter dividend of 47 cents per share, a 4 percent increase over the 45 cents paid last quarter. This is the third increase in the past 27 months.
The third quarter dividend of 47 cents per share of common stock is payable Sept. 12, 2014, to stockholders of record Aug. 15, 2014. This is the 440th consecutive quarterly dividend since the company's first dividend in the fourth quarter of 1904.
"This increase in the dividend reinforces our commitment to continuing to execute on our strategic priorities to deliver additional value to our shareholders," said DuPont Executive Vice President and Chief Financial Officer Nicholas C. Fanandakis.
Regular quarterly dividends of $1.12-1/2 per share on the $4.50 series preferred stock and 87-1/2 cents per share on the $3.50 series preferred stock also were declared, both payable Oct. 24, 2014, to stockholders of record Oct. 10, 2014.
DuPont (NYSE: DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802. The company believes that by collaborating with customers, governments, NGOs, and thought leaders we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment. For additional information about DuPont and its commitment to inclusive innovation, please visit http://www.dupont.com.