Article By:
Marc Lichtenfeld
Saturday, August 5, 2023 7:30 AM EDT
Dow pays $2 billion in dividends, so the projected payout ratio is a comfortable 67%. As a result of the deteriorating free cash flow and the limited dividend history, it’s hard to declare the dividend safe.
In this article: DOW
DOW: A 6.7% Yield That’s a Victim of Circumstance
A little bit much summary judgement there. The $DOW dividend isn't in such bad shape. Not a whole lot of places to go for a reasonably safe 7%.