Huntsman Announces Fourth Quarter 2022 Common Dividend

Rhea-AI Summary

Huntsman Corporation (NYSE: HUN) declared a $0.2125 per share cash dividend on its common stock, payable on December 30, 2022, to stockholders of record as of December 15, 2022. In 2021, Huntsman generated approximately $8 billion in revenues, operating over 70 facilities across 30 countries with around 9,000 employees. This dividend announcement reflects the company's ongoing commitment to returning value to shareholders.

Positive

• Declared a cash dividend of $0.2125 per share, enhancing shareholder returns.
• Demonstrated stable revenue generation with $8 billion in revenues for 2021.

Negative

• Potential risks from volatile global economic conditions affecting operational stability.
• Uncertainties related to manufacturing optimization and cost reductions may impact future performance.

THE WOODLANDS, Texas, Nov. 8, 2022 /PRNewswire/ -- Huntsman Corporation (NYSE: HUN) today announced that its board of directors has declared a $0.2125 per share cash dividend on its common stock. The dividend is payable on December 30, 2022, to stockholders of record as of December 15, 2022.

About Huntsman:

Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals with 2021 revenues of approximately $8 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 including the sale of our Textile Effects business, 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 amount of Huntsman Corporation's dividend for Q4 2022?

The dividend declared is $0.2125 per share.

When will Huntsman Corporation's dividend be paid?

The dividend will be paid on December 30, 2022.

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

The record date for the dividend is December 15, 2022.

What were Huntsman Corporation's revenues in 2021?

Huntsman Corporation reported approximately $8 billion in revenues for 2021.