DuPont has
announced that its board of directors approved a 5 percent increase
in the company's quarterly cash dividend.
The second quarter dividend will increase from 43 to 45 cents per
share for common stock, payable June 12, 2013, to stockholders of
record May 15, 2013. This is the 435th consecutive quarterly
dividend since the company's first dividend in the fourth quarter of
1904.
"Increasing the dividend reflects DuPont's confidence in our
global growth strategy, strong balance sheet and solid track record
of market-driven science," said DuPont Executive Vice President and
Chief Financial Officer Nicholas C. Fanandakis. "We will continue to
deliver shareholder value through ongoing innovation, productivity
and new business opportunities."
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 July 25,
2013, to stockholders of record July 10, 2013.
SOURCE DuPont
Originally published by DuPont.
(c) 2013 PRNewswire. Provided by ProQuest LLC. All rights Reserved.
