DuPont awards dividend on Chemours spin off
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