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The Dow Chemical Company (NYSE:DOW) announced a quarterly dividend on Thursday, May 15th, AnalystRatings.Net reports. Investors of record on Monday, June 30th will be paid a dividend of 0.37 per share on Wednesday, July 30th. This represents a $1.48 annualized dividend and a dividend yield of 2.95%.

A number of analysts have recently weighed in on DOW shares. Analysts at Susquehanna raised their price target on shares of The Dow Chemical Company from $47.00 to $57.00 in a research note on Thursday, May 8th. They now have a “neutral” rating on the stock. On a related note, analysts at Argus raised their price target on shares of The Dow Chemical Company from $51.00 to $56.00 in a research note on Tuesday, April 29th. They now have a “buy” rating on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of The Dow Chemical Company from $50.00 to $54.00 in a research note on Thursday, April 24th. They now have a “hold” rating on the stock. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $52.90.

The Dow Chemical Company (NYSE:DOW) opened at 50.20 on Thursday. The Dow Chemical Company has a 1-year low of $31.65 and a 1-year high of $50.96. The stock has a 50-day moving average of $48.8 and a 200-day moving average of $45.11. The company has a market cap of $59.768 billion and a price-to-earnings ratio of 12.57.

The Dow Chemical Company (NYSE:DOW) last issued its quarterly earnings data on Wednesday, April 23rd. The company reported $0.79 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.71 by $0.08. The company had revenue of $14.50 billion for the quarter, compared to the consensus estimate of $14.72 billion. During the same quarter last year, the company posted $0.69 earnings per share. The Dow Chemical Company’s revenue was up .5% compared to the same quarter last year. On average, analysts predict that The Dow Chemical Company will post $2.98 earnings per share for the current fiscal year.

The Dow Chemical Company combines the power of science and technology to passionately innovate what is essential to human progress.

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