Is Dow's 6.7% Dividend Yield Enough to Make It a Buy Despite a 23% Drop?

Reported about 14 hours ago

Dow Inc. has faced significant difficulties this year, with a 23% drop in stock value and a notable removal from the Dow Jones Industrial Average, pushing its dividend yield to 6.7%. Challenges stem from weakening demand globally, particularly in Europe and China, heightened competition, and high interest rates affecting manufacturing. Despite these issues, experts suggest that Dow could still be a worthy investment for those with a long-term perspective, as it has maintained its dividend and could see improved performance as conditions change.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis