Tag: materials
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Nucor (NUE) raises dividend 5.9%, its 51st annual increase
The Board of Directors of Nucor Corporation (NYSE: NUE) today announced the increase of its regular quarterly cash dividend on Nucor’s common stock to $0.54 per share. This cash dividend is payable on February 9, 2024 to stockholders of record on December 29, 2023 and is Nucor’s 203rd consecutive quarterly cash dividend. Nucor has increased its regular, or base, dividend for 51 consecutive years – every year since it first…
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Eastman Chemical (EMN) raises dividend by 2.5%, its 14th consecutive annual increase
The Board of Directors of Eastman Chemical Company (NYSE: EMN) has declared an increase in the quarterly cash dividend from $0.79 to $0.81 per share on its common stock. The dividend is payable Jan. 5, 2024, to stockholders of record as of Dec. 18, 2023. “We remain committed to our long history of returning cash…
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MDU Resources Group (MDU) takes next step to become a pure-play regulated utility and pipeline company
MDU’s decision to spin off Knife River Corporation as an independent entity demonstrates the company’s commitment to streamlining its operations. Previously, Knife River accounted for approximately 30% of MDU’s earnings, while the remaining business was divided between construction services (48% of profits), a regulated utility (39%), and pipelines (13%). The separation of Knife River allows…
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Albemarle (ALB) becomes world’s largest lithium producer
Lithium is a key ingredient for making batteries that power electric vehicles, smartphones and other devices. As the demand for these products grows, so does the need for lithium. But where does lithium come from and who controls its supply? One company that has a big stake in the lithium market is Albemarle, a Charlotte,…
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Cabot Corp (CBT) raises dividend 8%
On Friday, May 5, 2023, the Board of Directors of Cabot Corporation (NYSE: CBT) declared a quarterly dividend of $0.40 per share, an increase of 8% compared to the current quarterly dividend, on all outstanding shares of the Corporation’s common stock. The dividend is payable on June 9, 2023, to stockholders of record at the close of business on May 26, 2023.…
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NewMarket Corp (NEU) declared dividend increase of 7.1%
The Board of Directors of NewMarket Corporation (NYSE: NEU) declared a quarterly dividend in the amount of $2.25 per share on the common stock of the Corporation, an increase of $0.15 as compared to the last quarterly dividend of $2.10 per share. The dividend is payable July 3, 2023, to NewMarket shareholders of record at…