Element Solutions Inc Declares Q1 Dividend of $0.08 Per Share

Rhea-AI Summary

Element Solutions Inc (NYSE: ESI) has declared a quarterly cash dividend of $0.08 per share, set to be paid on March 15, 2023. Shareholders on record as of March 1, 2023 will receive this dividend. This move reflects the company's ongoing commitment to returning value to its shareholders. As a leader in the specialty chemicals sector, Element Solutions provides a diverse range of solutions that enhance product performance in various key industries, including consumer electronics and automotive systems.

Positive

• Quarterly cash dividend of $0.08 per share reflects company commitment to shareholder value.
• Dividend payment enhances investor confidence.

Negative

• None.

MIAMI--(BUSINESS WIRE)-- Element Solutions Inc (NYSE: ESI) announced today that its board has declared a quarterly cash dividend of $0.08 per share of the company's common stock. The declared dividend will be paid on March 15, 2023 to stockholders of record as of the close of business on March 1, 2023.

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. The company 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/20230210005375/en/

Investor Relations Contact:

Varun Gokarn

Senior Director, Strategy and Finance

Element Solutions Inc

1- 203-952-0369

IR@elementsolutionsinc.com

Media Contact:

Liz Cohen

Managing Director

Kekst CNC

1-212-521-4845

Source: Element Solutions Inc

FAQ

What is the dividend amount declared by Element Solutions Inc?

Element Solutions Inc has declared a quarterly cash dividend of $0.08 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on March 15, 2023.

What is the record date for the dividend payment?

The record date for the dividend payment is March 1, 2023.

How does the dividend affect investors in ESI?

The dividend payment is a positive signal of the company's financial health and its commitment to returning value to shareholders.