Welcome to our dedicated page for Dow news (Ticker: DOW), a resource for investors and traders seeking the latest updates and insights on Dow stock.
Dow Inc. reports news on its global materials science business, which supplies chemicals and materials for packaging, infrastructure, mobility and consumer applications. Company updates commonly focus on segment demand, local pricing, volumes, polyethylene and olefins markets, and operating conditions across Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, Performance Materials & Coatings, and related construction-chemicals businesses.
Recurring announcements also cover quarterly results, dividend declarations, annual stockholder meeting outcomes, board and executive succession, manufacturing and asset actions, and company-wide productivity or cost-structure programs. Dow news often ties these developments to its integrated asset footprint, customer applications and global supply chain conditions.
Dow (NYSE: DOW) reported a GAAP loss per share of $0.04 for Q3, while operating EPS was $0.50, excluding significant restructuring-related items. Net sales decreased by 10% to $9.7 billion, driven by lower local prices due to declining global energy costs. However, Q3 sales increased 16% sequentially, bolstered by a 9% volume rise. Cash provided by operations stood at $1.8 billion, maintaining liquidity over $13.5 billion, while debt was reduced by $1.8 billion year-to-date. The company also announced a $620 million agreement for divesting marine operations and completed a $315 million asset sale.
Dow (NYSE: DOW) has declared a dividend of 70 cents per share, payable on December 11, 2020, to shareholders recorded as of November 30, 2020. This announcement marks the 437th consecutive dividend paid by the Company since 1912, reflecting Dow’s commitment to returning value to its shareholders. The Company aims to be a leader in sustainable materials science, offering a diverse portfolio in high-growth markets like packaging and consumer care. In 2019, Dow reported sales of approximately $43 billion.
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Dow's innovative technologies have received recognition at the R&D 100 Awards, with five products awarded for their revolutionary impact in the field of science and technology. This marks the ninth consecutive year Dow has featured on the R&D 100 list, and it continues to lead the industry by securing more awards than any other company for seven years in a row. Notable innovations include DOWSIL™ EC-6601 Electrically Conductive Adhesive and DOWSIL™ EI-2888 Primerless Silicone Encapsulant, showcasing Dow's commitment to performance and sustainability.
A collaborative effort between Connell and Dow has resulted in the donation of 2 million milliliters of FDA-approved hand sanitizer to Myanmar. The sanitizer, produced locally, consists of 98% ethanol provided by Connell and ACULYN™ 22 from Dow to enhance its feel. This initiative included distribution to four government hospitals and has led to plans for commercial production. Both companies emphasize their commitment to providing quality products during the pandemic.