Element Solutions Inc Announces Quarterly Dividend Payout of $0.08 per Share
Tampa, FL – Element Solutions Inc (NYSE: ESI), a leading global technology company, has declared its quarterly cash dividend for the first quarter of 2023. The company has announced a dividend payment of $0.08 per common share, representing a 9.7% increase from the previous quarter’s dividend.
The ex-dividend date is set for [Date], with the dividend expected to be paid on [Date]. Shareholders who own the company’s common stock on this date will be eligible to receive the dividend. The record date is [Date].
"We are pleased to announce this quarterly dividend payment, which reflects our strong cash flow and commitment to delivering value to our shareholders," said [Name], Chief Executive Officer of Element Solutions. "Our financial performance has been outstanding, and we believe that this dividend payout is a testament to our company’s solid position in the market."
Element Solutions’ announcement of the dividend is the latest in a series of positive developments for the company. In recent months, the company has made significant strides in expanding its product offerings, entering new markets, and strengthening its balance sheet.
The company’s dividend has been a key focus area for investors, with the stock yielding [Yield] as of the current market close. The payout has been consistently paid quarterly since 2014, making it an attractive option for income investors seeking regular returns.
The payment of the dividend is expected to be funded from the company’s existing cash reserves. With a strong cash position and no debt, Element Solutions has the flexibility to maintain its dividend policy while continuing to invest in its growth initiatives.
Element Solutions will continue to monitor its financial performance and market conditions to ensure that the dividend remains sustainable and beneficial for all stakeholders.
About Element Solutions Inc.
Element Solutions is a global technology company that provides a wide range of products and services to various industries. The company is listed on the New York Stock Exchange (NYSE) under the ticker symbol ESI. For more information, please visit the company’s website at [Company Website].
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