Huntsman Announces Fourth Quarter 2020 Common Dividend

Rhea-AI Summary

Huntsman Corporation (NYSE: HUN) has declared a $0.1625 per share cash dividend on its common stock, payable on December 31, 2020. Stockholders of record as of December 15, 2020, will receive the dividend. In 2019, Huntsman generated revenues of approximately $7 billion and operates over 70 manufacturing and R&D facilities globally. The company employs around 9,000 associates and markets a diverse range of specialty chemicals.

Positive

• Declared dividend of $0.1625 per share reflects company commitment to returning income to shareholders.
• 2019 revenues reached approximately $7 billion, indicating strong market presence.

Negative

• None.

THE WOODLANDS, Texas, Nov. 2, 2020 /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 December 31, 2020, to stockholders of record as of December 15, 2020.

About Huntsman:
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals with 2019 revenues of approximately $7 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, 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 in 2020?

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

When is the dividend payable for HUN shareholders?

The dividend is payable on December 31, 2020.

What is the record date for the Huntsman Corporation dividend?

The record date for the dividend is December 15, 2020.

How much did Huntsman Corporation earn in revenue for 2019?

Huntsman Corporation reported approximately $7 billion in revenues for 2019.