Element Solutions Inc Declares Q2 Dividend of $0.08 Per Share

Rhea-AI Summary

Element Solutions (NYSE: ESI) announced a quarterly cash dividend of $0.08 per share.

This dividend will be paid on June 14, 2024, to shareholders on record as of May 31, 2024.

Positive

• Element Solutions declared a quarterly dividend of $0.08 per share.
• Dividend payment date set for June 14, 2024.
• Shareholders of record as of May 31, 2024, will receive the dividend.

Negative

• No information provided on financial performance or future outlook.
• Dividend amount of $0.08 may be perceived as low by some investors.

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 June 14, 2024 to stockholders of record as of the close of business on May 31, 2024.

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/20240516349610/en/

Investor Relations Contact:

Varun Gokarn

Senior Director, Strategy and Finance

Element Solutions Inc

1-203-952-0369

IR@elementsolutionsinc.com

Media Contact:

Scott Bisang / Ed Hammond / Tali Epstein

Collected Strategies

1-212-379-2072

esi@collectedstrategies.com

Source: Element Solutions Inc

FAQ

What is the dividend amount per share declared by Element Solutions for Q2?

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

When will Element Solutions pay the Q2 dividend?

The Q2 dividend will be paid on June 14, 2024.

Who is eligible for the Element Solutions Q2 dividend?

Shareholders of record as of May 31, 2024, are eligible for the Q2 dividend.

What is the stock symbol for Element Solutions?

The stock symbol for Element Solutions is ESI.