Huntsman Announces Third Quarter 2022 Common Dividend

Rhea-AI Summary

Huntsman Corporation (NYSE: HUN) has declared a $0.2125 per share cash dividend on common stock, payable on September 30, 2022, to shareholders on record as of September 15, 2022. The company reported revenues of approximately $8 billion in 2021 and operates over 70 manufacturing and R&D facilities globally. Huntsman specializes in the production of differentiated and specialty chemicals, serving diverse consumer and industrial markets.

Positive

• Declared a cash dividend of $0.2125 per share.
• 2021 revenues of approximately $8 billion.

Negative

• Risks related to volatile global economic conditions.
• Potential disruptions in production at manufacturing facilities.

THE WOODLANDS, Texas, Aug. 4, 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 September 30, 2022, to stockholders of record as of September 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, 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.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/huntsman-announces-third-quarter-2022-common-dividend-301600253.html

SOURCE Huntsman Corporation

FAQ

What is the dividend amount declared by Huntsman Corporation?

Huntsman Corporation declared a dividend of $0.2125 per share.

When is the dividend payable for Huntsman Corporation?

The dividend is payable on September 30, 2022.

Who is eligible to receive the dividend from Huntsman Corporation?

Shareholders of record as of September 15, 2022, are eligible to receive the dividend.

What were the revenues of Huntsman Corporation in 2021?

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

What risks does Huntsman Corporation face according to the press release?

The company faces risks such as volatile global economic conditions and potential production disruptions.