DuPont awards dividend on Chemours spin off

By Josie Shillito
Published: Monday, 08 June 2015

DuPont's performance chemicals business is a casualty of low TiO2 prices, but a spin off will raise enough cash to reward loyal shareholders and to enable the company to focus on agricultural and nutritional products.

Global chemicals company DuPont Co. is rewarding its shareholders with a dividend as it spins off its performance chemicals division, Chemours, to refocus on its agricultural and nutritional products.

Common stockholders will receive one share of common Chemours stock for every five shares of DuPont common stock they hold.

The...

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