Element Solutions Inc Declares Dividend of $0.06 Per Share

Rhea-AI Summary

Element Solutions Inc (NYSE: ESI) has declared a quarterly cash dividend of $0.06 per share for its common stock. This dividend will be paid on June 15, 2021, to stockholders on record as of the close of business on June 1, 2021. With its broad range of specialty chemical solutions, the company continues to support key industries, including consumer electronics and automotive systems, signifying its strong market position.

Positive

• Declared a quarterly cash dividend of $0.06 per share.
• Dividend payout reinforces shareholder confidence.

Negative

• None.

Element Solutions Inc (NYSE: ESI) announced today that its board has declared a quarterly cash dividend of $0.06 per share of the company's common stock. The declared dividend will be paid on June 15, 2021 to stockholders of record as of the close of business on June 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/20210520005699/en/

FAQ

What is the dividend amount declared by Element Solutions Inc?

Element Solutions Inc declared a dividend of $0.06 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on June 15, 2021.

What is the record date for the dividend payment?

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

Is the dividend payment sustainable for Element Solutions Inc?

The sustainability of the dividend payment is not guaranteed and depends on future financial performance.