Here's How Many Shares of Dow Stock You'd Need for $1,000 in Yearly Dividends

Company Overview - Dow has recently cut its quarterly dividend by 50%, reducing it from $0.70 per share to $0.35 per share, leading to a nearly 7% decline in its share price since the announcement [1][5][6] - The company is known for its long history of dividend payments and is currently offering a yield of slightly under 6%, which is considered high for the stock market [5][6] Financial Performance - In the second quarter, Dow reported a 7% year-over-year decline in sales and a non-GAAP adjusted loss of $0.42 per share, compared to a profit of $0.68 per share in the previous year [6] - The company is implementing cost-saving measures, including shutting down factories and lowering capital expenditures to stabilize its finances [6] Industry Context - The chemical industry is facing significant challenges, including weakening global demand and the effects of oversupply from the early 2020s [5][7] - There is uncertainty regarding when the industry will recover, as customer demand needs to improve for producers to regain stability [7] Investment Considerations - For investors who believe in a recovery in the chemical sector, Dow may present a buying opportunity; however, those with doubts may consider avoiding the stock [7]