Huntsman Announces First Quarter 2025 Common Dividend and 2025 Annual Meeting of Stockholders

Rhea-AI Summary

Huntsman (NYSE: HUN) has announced two key updates for shareholders. First, the company declared a quarterly cash dividend of $0.25 per share on its common stock, payable on March 31, 2025, to stockholders of record as of March 14, 2025. Second, the company will hold its 2025 Annual Meeting of Stockholders virtually on April 30, 2025, at 8:00 a.m. Central Time. Shareholders of record as of March 7, 2025, will be eligible to vote at the meeting.

Positive

• Maintaining quarterly dividend of $0.25 per share, indicating stable shareholder returns

Negative

• None.

Insights

Financial Analyst

The announced quarterly dividend of $0.25 per share maintains Huntsman's consistent capital return program, translating to a notable 5.9% annual yield. This dividend level demonstrates a balanced approach to capital allocation, providing attractive shareholder returns while maintaining financial flexibility in the cyclical chemicals sector.

The maintained dividend rate, rather than an increase, suggests a prudent approach to capital management amid ongoing market uncertainties. For a chemicals company operating in a capital-intensive industry, this dividend policy reflects a careful balance between returning capital to shareholders and maintaining operational investment capacity.

The virtual format for the annual meeting continues the post-pandemic trend of digital shareholder engagement, optimizing cost efficiency while maintaining robust corporate governance practices. This approach aligns with broader industry trends toward digital transformation in investor relations.

THE WOODLANDS, Texas, Feb. 18, 2025 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) announced today that its Board of Directors has declared a $0.25 per share cash dividend on its common stock. The dividend is payable on March 31, 2025, to stockholders of record as of March 14, 2025.

Huntsman Corporation also announced it will hold its 2025 Annual Meeting of Stockholders in virtual meeting format only at 8:00 a.m. Central Time on Wednesday, April 30, 2025. Holders of record as of the close of business on March 7, 2025 will be entitled to vote at the meeting.

About Huntsman:
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals with 2024 revenues of approximately $6 billion. Our chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer and industrial end markets. We operate more than 60 manufacturing, R&D and operations facilities in approximately 25 countries and employ approximately 6,300 associates within our continuing operations. For more information about Huntsman, please visit the company's website at www.huntsman.com.

Social Media:
Twitter: www.twitter.com/Huntsman_Corp
Facebook: www.facebook.com/huntsmancorp
LinkedIn: www.linkedin.com/company/huntsman

Forward-Looking Statements:
Certain information in this release constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on management's current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company's operations, markets, products, services, prices and other factors as discussed under the caption "Risk Factors" in the Huntsman companies' filings with the U.S. Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, volatile global economic conditions, cyclical and volatile product markets, disruptions in production at manufacturing facilities, reorganization or restructuring of Huntsman's operations, including any delay of, or other negative developments affecting the ability to implement cost reductions, timing of proposed transactions, and manufacturing optimization improvements in Huntsman businesses and realize anticipated cost savings, and other financial, economic, competitive, environmental, political, legal, regulatory and technological factors. The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws.

 

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SOURCE Huntsman Corporation

FAQ

When will Huntsman (HUN) pay its Q1 2025 dividend?

Huntsman will pay its Q1 2025 dividend of $0.25 per share on March 31, 2025, to stockholders of record as of March 14, 2025.

What is the dividend amount for Huntsman (HUN) in Q1 2025?

Huntsman's dividend for Q1 2025 is $0.25 per share.

When is Huntsman's (HUN) 2025 Annual Meeting of Stockholders?

Huntsman's 2025 Annual Meeting of Stockholders will be held virtually on Wednesday, April 30, 2025, at 8:00 a.m. Central Time.

What is the record date for voting at Huntsman's (HUN) 2025 Annual Meeting?

Shareholders of record as of March 7, 2025, will be entitled to vote at Huntsman's 2025 Annual Meeting.