MIDLAND, Mich., Aug. 12, 2021 /PRNewswire/ -- Dow (NYSE:
DOW) has declared a dividend of 70 cents per share, payable
September 10, 2021, to shareholders
of record of said stock at the close of business on August 31, 2021.
This marks the 440th consecutive dividend paid by the Company or
its affiliates since 1912.
About Dow
Dow (NYSE: DOW) combines global breadth,
asset integration and scale, focused innovation and leading
business positions to achieve profitable growth. The Company's
ambition is to become the most innovative, customer centric,
inclusive and sustainable materials science company, with a purpose
to deliver a sustainable future for the world through our materials
science expertise and collaboration with our partners. Dow's
portfolio of plastics, industrial intermediates, coatings and
silicones businesses delivers a broad range of differentiated
science-based products and solutions for its customers in
high-growth market segments, such as packaging, infrastructure,
mobility and consumer care. Dow operates 106 manufacturing sites in
31 countries and employs approximately 35,700 people. Dow delivered
sales of approximately $39 billion in
2020. References to Dow or the Company mean Dow Inc. and its
subsidiaries. For more information, please
visit www.dow.com or follow @DowNewsroom on
Twitter.
For further information, please contact:
Investors:
|
Media:
|
Pankaj
Gupta
|
Kyle
Bandlow
|
+1
989-638-5265
|
+1
989-638-2417
|
pgupta@dow.com
|
kbandlow@dow.com
|
Twitter: https://twitter.com/DowNewsroom
Facebook: https://www.facebook.com/dow/
LinkedIn: http://www.linkedin.com/company/dow-chemical
Instagram: http://instagram.com/dow_official
Cautionary Statement About Forward-Looking
Statements
Certain statements in this communication are
"forward-looking statements" within the meaning of the federal
securities laws, including Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. Such statements often address expected future
business and financial performance, financial condition, and other
matters, and often contain words or phrases such as "anticipate,"
"believe," "estimate," "expect," "intend," "may," "opportunity,"
"outlook," "plan," "project," "seek," "should," "strategy,"
"target," "will," "will be," "will continue," "will likely result,"
"would" and similar expressions, and variations or negatives of
these words or phrases.
Forward-looking statements are based on current assumptions and
expectations of future events that are subject to risks,
uncertainties and other factors that are beyond Dow's control,
which may cause actual results to differ materially from those
projected, anticipated or implied in the forward-looking statements
and speak only as of the date the statements were made. These
factors include, but are not limited to: sales of Dow's products;
Dow's expenses, future revenues and profitability; the continuing
global and regional economic impacts of the coronavirus disease
2019 ("COVID-19") pandemic and other public health-related risks
and events on Dow's business; capital requirements and need for and
availability of financing; size of the markets for Dow's products
and services and ability to compete in such markets; failure to
develop and market new products and optimally manage product life
cycles; the rate and degree of market acceptance of Dow's products;
significant litigation and environmental matters and related
contingencies and unexpected expenses; the success of competing
technologies that are or may become available; the ability to
protect Dow's intellectual property in the United States and abroad; developments
related to contemplated restructuring activities and proposed
divestitures or acquisitions such as workforce reduction,
manufacturing facility and/or asset closure and related exit and
disposal activities, and the benefits and costs associated with
each of the foregoing; fluctuations in energy and raw material
prices; management of process safety and product stewardship;
changes in relationships with Dow's significant customers and
suppliers; changes in consumer preferences and demand; changes in
laws and regulations, political conditions or industry development;
global economic and capital markets conditions, such as inflation,
market uncertainty, interest and currency exchange rates, and
equity and commodity prices; business or supply disruptions;
security threats, such as acts of sabotage, terrorism or war;
weather events and natural disasters; and disruptions in Dow's
information technology networks and systems.
Risks related to Dow's separation from DowDuPont Inc. include,
but are not limited to: (i) Dow's inability to achieve some or all
of the benefits that it expects to receive from the separation from
DowDuPont Inc.; (ii) certain tax risks associated with the
separation; (iii) the failure of Dow's pro forma financial
information to be a reliable indicator of Dow's future results;
(iv) non-compete restrictions under the separation agreement; (v)
receipt of less favorable terms in the commercial agreements Dow
entered into with DuPont de Nemours, Inc. ("DuPont") and Corteva,
Inc. ("Corteva"), including restrictions under intellectual
property cross-license agreements, than Dow would have received
from an unaffiliated third party; and (vi) Dow's obligation to
indemnify DuPont and/or Corteva for certain liabilities.
Where, in any forward-looking statement, an expectation or
belief as to future results or events is expressed, such
expectation or belief is based on the current plans and
expectations of management and expressed in good faith and believed
to have a reasonable basis, but there can be no assurance that the
expectation or belief will result or be achieved or accomplished. A
detailed discussion of principal risks and uncertainties which may
cause actual results and events to differ materially from such
forward-looking statements is included in the section titled "Risk
Factors" contained in the Company's Annual Report on Form 10-K for
the year ended December 31, 2020.
These are not the only risks and uncertainties that Dow faces.
There may be other risks and uncertainties that Dow is unable to
identify at this time or that Dow does not currently expect to have
a material impact on its business. If any of those risks or
uncertainties develops into an actual event, it could have a
material adverse effect on Dow's business. Dow assumes no
obligation to update or revise publicly any forward-looking
statements whether because of new information, future events, or
otherwise, except as required by securities and other applicable
laws.
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SOURCE The Dow Chemical Company