Huntsman Announces First Quarter 2021 Common Dividend and 2021 Annual Meeting of Stockholders

Rhea-AI Summary

Huntsman Corporation (NYSE: HUN) has declared a $0.1625 cash dividend per share on its common stock, payable on March 31, 2021, to stockholders of record by March 15, 2021. Additionally, the company will hold its 2021 Annual Meeting in a virtual format on April 28, 2021, due to ongoing COVID-19 health concerns, with eligibility for record holders as of March 4, 2021. Huntsman reported revenues of approximately $6 billion in 2020, operating over 70 facilities globally.

Positive

• Dividend of $0.1625 per share confirms company commitment to return value to shareholders.
• Strong revenue figure of $6 billion for 2020 demonstrates financial stability.

Negative

• Virtual meeting format may limit shareholder engagement.
• Ongoing global health concerns could impact future operations.

THE WOODLANDS, Texas, Feb. 25, 2021 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) today announced that its board of directors has declared a $0.1625 per share cash dividend on its common stock. The dividend is payable on March 31, 2021, to stockholders of record as of March 15, 2021.

Huntsman Corporation also announced today that due to continued health concerns associated with the coronavirus (COVID-19) pandemic, the Company will hold its 2021 Annual Meeting of Stockholders in virtual meeting format only at 9:00 a.m. Central time on Wednesday, April 28, 2021. Holders of record as of the close of business on March 4, 2021 will be entitled to attend the meeting.

About Huntsman:
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals with 2020 revenues of approximately $6 billion. Our chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer and industrial end markets. We operate more than 70 manufacturing, R&D and operations facilities in approximately 30 countries and employ approximately 9,000 associates within our four distinct business divisions. For more information about Huntsman, please visit the company's website at www.huntsman.com.

Social Media:
Twitter: www.twitter.com/Huntsman_Corp
Facebook: www.facebook.com/huntsmancorp
LinkedIn: www.linkedin.com/company/huntsman

Forward-Looking Statements:
Certain information in this release constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on management's current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company's operations, markets, products, services, prices and other factors as discussed under the caption "Risk Factors" in the Huntsman companies' filings with the U.S. Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, volatile global economic conditions, cyclical and volatile product markets, disruptions in production at manufacturing facilities, reorganization or restructuring of Huntsman's operations, including any delay of, or other negative developments affecting the ability to implement cost reductions, timing of proposed transactions, and manufacturing optimization improvements in Huntsman businesses and realize anticipated cost savings, ability to achieve projected synergies, and other financial, economic, competitive, environmental, political, legal, regulatory and technological factors. The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws.

 

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SOURCE Huntsman Corporation

FAQ

What is the dividend amount for Huntsman Corporation (HUN) for 2021?

Huntsman Corporation has declared a dividend of $0.1625 per share for 2021.

When will the dividend for HUN be paid?

The dividend will be payable on March 31, 2021.

What is the record date for Huntsman Corporation's dividend?

The record date for the dividend is March 15, 2021.

When is the 2021 Annual Meeting for HUN?

The 2021 Annual Meeting will be held virtually on April 28, 2021.