Element Solutions Inc Declares Dividend of $0.05 Per Share

Rhea-AI Summary

Element Solutions Inc (NYSE: ESI) announced a quarterly cash dividend of $0.05 per share, payable on March 15, 2021, to stockholders of record by the close of business on March 1, 2021. The company's board is optimistic about maintaining a dividend strategy to provide shareholder value. As a prominent player in the specialty chemicals sector, Element Solutions offers innovative solutions across various industries, including electronics and automotive.

Positive

• Quarterly cash dividend of $0.05 per share enhances shareholder value.
• Dividend payment scheduled, indicating company confidence.

Negative

• None.

Element Solutions Inc (NYSE: ESI) announced today that its board has declared a quarterly cash dividend of $0.05 per share of the company's common stock. The declared dividend will be paid on March 15, 2021 to stockholders of record as of the close of business on March 1, 2021.

About Element Solutions Inc

Element Solutions Inc is a leading specialty chemicals company whose businesses supply a broad range of solutions that enhance the performance of products people use every day. Developed in multi-step technological processes, these innovative solutions enable customers' manufacturing processes in several key industries, including consumer electronics, power electronics, semiconductor fabrication, communication and data storage infrastructure, automotive systems, industrial surface finishing, consumer packaging and offshore energy. More information about the company is available at www.elementsolutionsinc.com.

Forward-Looking Statements

This press release contains “forward-looking” statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding the payment of quarterly cash dividends in the future. These statements are based on management's estimates and assumptions with respect to future events, and are believed to be reasonable, though are inherently difficult to predict. Actual results could differ materially from those projected as a result of certain factors including, without limitation, factors contained in the company’s periodic and other reports filed or to be filed with the Securities and Exchange Commission. Element Solutions undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210217005994/en/

FAQ

What is the dividend amount declared by Element Solutions Inc?

Element Solutions Inc declared a quarterly cash dividend of $0.05 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on March 15, 2021.

What is the record date for the dividend payment?

The record date for the dividend payment is March 1, 2021.

Is the dividend sustainable for Element Solutions Inc?

The sustainability of future dividends will depend on the company's financial performance and management's outlook.