Latest news with #DowInc
Yahoo
9 minutes ago
- Business
- Yahoo
Jim Cramer on Dow: 'The Stock Was Screaming My Yield's Unsafe'
Dow Inc. (NYSE:DOW) is one of the stocks Jim Cramer shared insights on. During the episode, Cramer discussed the stock's dividend. He commented: 'A dividend sucker is born every minute. Last week, chemical giant Dow cut its dividend in half, taking it from 70 cents per quarter to 35 cents, saving about $1 billion annually… I heard that the dividend would protect the stock. When Dow's dividend yield was 5%, the presumption was that you had to buy. Why? Because that was better than the 10-year treasury yield. See, people said you were basically being paid to wait for the chemical business to turn around… Photo by jason briscoe on Unsplash Dow (NYSE:DOW) delivers materials science solutions across packaging, infrastructure, mobility, and consumer needs. The company provides chemical, plastic, and coating products, and is also involved in property and casualty insurance and reinsurance. While we acknowledge the potential of DOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
DIVIDEND ALERT! Dow Inc. (DOW) Snaps 3-Day Gains, Falls 17.4%
We recently published . Dow Inc. (NYSE:DOW) is one of the worst-performing stocks on Thursday. Dow Inc. snapped a three-day winning streak on Thursday, dropping 17.45 percent to close at $25.07 apiece as investor sentiment was dampened by a dismal earnings performance in the second quarter of the year. In its earnings release, Dow Inc. (NYSE:DOW) swung to a net loss of $801 million from a $458 million net income in the same period last year. It also posted a six-month net loss of $1.09 billion, reversing a $996 million net income in the same period last year. Net sales similarly declined by 7 percent to $10.1 billion in the second quarter, and by 5 percent to $20.5 billion from $21.68 billion year-on-year. Further dampening sentiment was the company's 50-percent drop in dividend per share, now to 35 cents from 70 cents previously. 'We are aligning the payout size to provide additional financial flexibility. Doing so ensures Dow's ability to prioritize the highest return-generating opportunities, while maintaining a competitive dividend,' said Dow Inc. (NYSE:DOW) Chairman and CEO Jim Fitterling. While we acknowledge the potential of DOW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Sign in to access your portfolio
Yahoo
4 days ago
- Business
- Yahoo
Dow Inc. (DOW): Good News About Industrial Economy Isn't Helping, Says Jim Cramer
We recently published . Dow Inc. (NYSE:DOW) is one of the stocks Jim Cramer recently discussed. Dow Inc. (NYSE:DOW) is one of the largest chemical companies in America. The firm's shares have lost 35% year-to-date, primarily on the back of a massive 26% selloff in April after President Trump announced his Liberation Day tariffs. Dow Inc. (NYSE:DOW)'s shares suffered another setback in July after they dipped by 17.5% after the firm's latest earnings report, which saw the firm guide third quarter sales at $10.2 billion, which was lower than analyst estimates of $10.6 billion. Dow Inc. (NYSE:DOW) also slashed its dividend, and here's what Cramer said about the firm after the disastrous earnings report: 'But then, Dow Chemicals, just, Dow, no longer Dow Chemicals. The chemicals are bad. The plastic is bad. So Jim Fitterling had to cut the dividend. I had said that this could happen. I didn't want it. But it's lower for longer, for three years, it's a very unusual negative cycle. And I've got to tell you, for all the good news we hear about the industrial economy, it's not helping. Previously, the CNBC TV host commented on Dow Inc. (NYSE:DOW)'s dividend yield: '9%, see I looked at that today. There were a bunch of guys who cut the price targets. I said to myself, wow, 9%… I have to take a pass because it means that there's something awry.' While we acknowledge the potential of DOW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
4 days ago
- Business
- Yahoo
Dow Inc. (DOW): Good News About Industrial Economy Isn't Helping, Says Jim Cramer
We recently published . Dow Inc. (NYSE:DOW) is one of the stocks Jim Cramer recently discussed. Dow Inc. (NYSE:DOW) is one of the largest chemical companies in America. The firm's shares have lost 35% year-to-date, primarily on the back of a massive 26% selloff in April after President Trump announced his Liberation Day tariffs. Dow Inc. (NYSE:DOW)'s shares suffered another setback in July after they dipped by 17.5% after the firm's latest earnings report, which saw the firm guide third quarter sales at $10.2 billion, which was lower than analyst estimates of $10.6 billion. Dow Inc. (NYSE:DOW) also slashed its dividend, and here's what Cramer said about the firm after the disastrous earnings report: 'But then, Dow Chemicals, just, Dow, no longer Dow Chemicals. The chemicals are bad. The plastic is bad. So Jim Fitterling had to cut the dividend. I had said that this could happen. I didn't want it. But it's lower for longer, for three years, it's a very unusual negative cycle. And I've got to tell you, for all the good news we hear about the industrial economy, it's not helping. Previously, the CNBC TV host commented on Dow Inc. (NYSE:DOW)'s dividend yield: '9%, see I looked at that today. There were a bunch of guys who cut the price targets. I said to myself, wow, 9%… I have to take a pass because it means that there's something awry.' While we acknowledge the potential of DOW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
4 days ago
- Business
- Yahoo
DIVIDEND ALERT! Dow Inc. (DOW) Snaps 3-Day Gains, Falls 17.4%
We recently published . Dow Inc. (NYSE:DOW) is one of the worst-performing stocks on Thursday. Dow Inc. snapped a three-day winning streak on Thursday, dropping 17.45 percent to close at $25.07 apiece as investor sentiment was dampened by a dismal earnings performance in the second quarter of the year. In its earnings release, Dow Inc. (NYSE:DOW) swung to a net loss of $801 million from a $458 million net income in the same period last year. It also posted a six-month net loss of $1.09 billion, reversing a $996 million net income in the same period last year. Net sales similarly declined by 7 percent to $10.1 billion in the second quarter, and by 5 percent to $20.5 billion from $21.68 billion year-on-year. Further dampening sentiment was the company's 50-percent drop in dividend per share, now to 35 cents from 70 cents previously. 'We are aligning the payout size to provide additional financial flexibility. Doing so ensures Dow's ability to prioritize the highest return-generating opportunities, while maintaining a competitive dividend,' said Dow Inc. (NYSE:DOW) Chairman and CEO Jim Fitterling. While we acknowledge the potential of DOW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
