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THE WOODLANDS, Texas - Huntsman Corporation (NYSE: HUN), a global manufacturer and marketer of specialty chemicals, has declared a quarterly cash dividend of $0.25 per share on its common stock, the company announced today. The dividend is set to be paid on June 30, 2025, to shareholders who are on record as of June 13, 2025. According to InvestingPro data, Huntsman has maintained dividend payments for 19 consecutive years, with the current yield standing at an attractive 7.5%.
The company, which reported revenues of approximately $6 billion in 2024, operates in a wide array of consumer and industrial markets. With manufacturing and research facilities in around 25 countries and a workforce of approximately 6,300 employees, Huntsman continues to be a significant player in the chemical industry. InvestingPro analysis suggests the company is currently undervalued, with multiple indicators pointing to potential upside. For detailed insights and more exclusive data, check out the comprehensive Pro Research Report available on InvestingPro.
This dividend declaration follows Huntsman’s established pattern of sharing profits with its shareholders and reflects the company’s financial health and commitment to returning value to its investors. While the company faces near-term challenges, InvestingPro analysis shows analysts expect profitability to return this year, with net income growth projected for the upcoming period.
The forward-looking statements included in the company’s announcement indicate management’s belief in the ongoing success of the company. However, these statements are subject to various risks and uncertainties that could impact the company’s operations and financial performance. Among these are global economic conditions, market volatility, production disruptions, and potential delays in cost-saving measures and restructuring efforts.
Investors and stakeholders are reminded that Huntsman’s forward-looking statements are based on current expectations and could change due to numerous factors, including economic, competitive, and regulatory changes.
This dividend announcement is based on a press release statement from Huntsman Corporation.
In other recent news, Huntsman Corporation reported its fourth-quarter 2024 earnings, revealing an earnings per share (EPS) of -$0.25, which missed the forecasted -$0.09. Despite this earnings miss, revenue matched forecasts at $1.45 billion. Huntsman also declared a quarterly dividend of $0.25 per share, payable on March 31, 2025, and announced its annual stockholders’ meeting for April 30, 2025. The company’s credit ratings have been downgraded by both S&P Global Ratings and Fitch Ratings, with S&P lowering its issuer credit ratings to ’BB+’ from ’BBB-’ and Fitch downgrading it to ’BBB-’ from ’BBB’. These downgrades reflect concerns about Huntsman’s profitability and exposure to cyclical markets, such as construction and automotive. BofA Securities also downgraded Huntsman’s stock from a Buy to Neutral, citing revised earnings recovery expectations. Despite these challenges, Huntsman maintains a stable outlook, supported by strong liquidity and financial policies. Fitch expects gradual improvements in earnings, driven by demand in residential construction and automotive sectors, while Huntsman anticipates EBITDA improvement in Q2 2025.
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