Dow (DOW) Dividend Payout Ratio

: 1.63 (As of Dec. 2023)

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Dow's dividend payout ratio for the months ended in Dec. 2023 was 1.63.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Dow Inc is 1.40, which seems too high.

The historical rank and industry rank for Dow's Dividend Payout Ratio or its related term are showing as below:

DOW' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.32 Med: 1.15 Max: 1.42
Current: 1.4

During the past 8 years, the highest Dividend Payout Ratio of Dow was 1.42. The lowest was 0.32. And the median was 1.15.

DOW's Dividend Payout Ratio is ranked worse than
89.8% of 922 companies
in the Chemicals industry
Industry Median: 0.38 vs DOW: 1.40

As of today (2024-04-16), the Dividend Yield % of Dow is 4.92%.

During the past 8 years, the highest Trailing Annual Dividend Yield of Dow was 10.01%. The lowest was 1.36%. And the median was 5.05%.

Dow's Dividends per Share for the months ended in Dec. 2023 was $0.70.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Dow was 10.10% per year. The lowest was 10.10% per year. And the median was 10.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Dow Dividend Payout Ratio Historical Data

The historical data trend for Dow's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dow Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

1.15

1.42

0.32

0.43

1.25

Dow Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																1.52	1.87	0.93	1.59	1.63

Competitive Comparison

For the Chemicals subindustry, Dow's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Dow Dividend Payout Ratio Distribution

For the Chemicals industry and Basic Materials sector, Dow's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Dow's Dividend Payout Ratio falls into.

Dow Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Dow's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.8	/	2.24
	=	1.25

Dow's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.7	/	0.43
	=	1.63

Dow (NYSE:DOW) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Dow Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Dow's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Dow (DOW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Dow Inc (NYSE:DOW) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

1DOW:Italy 2OY:Germany 2OY:Germany 2OY:Germany 2OY:Germany D1OW34:Brazil DOW:Austria

Address

2211 H.H. Dow Way, Midland, MI, USA, 48674

Website

https://www.dow.com

Dow Chemical is a diversified global chemicals producer, formed in 2019 as a result of the DowDuPont merger and subsequent separations. The firm is a leading producer of several chemicals, including polyethylene, ethylene oxide, and silicone rubber. Its products have numerous applications in both consumer and industrial end markets.

Executives

Richard K Davis	director	800 NICOLLET MALL, MINNEAPOLIS MN 55402
Jeffrey L. Tate	officer: Chief Financial Officer	2211 H.H. DOW WAY, MIDLAND MI 48674
Debra L. Dial	director	208 S. AKARD, 29TH FLOOR, DALLAS TX 75202
Lisa Bryant	officer: Chief Human Resources Officer	2211 H.H. DOW WAY, MIDLAND MI 48674
Howard I Ungerleider	officer: President and CFO	2211 H.H. DOW WAY, MIDLAND MI 48674
Jerri Devard	director	120 E 87TH STREET, #P6A, NEW YORK NY 10128
Jacqueline C. Hinman	director	9191 SOUTH JAMAICA STREET, ENGLEWOOD CO 80112
James R Fitterling	officer: Chief Executive Officer	2211 H.H. DOW WAY, MIDLAND MI 48674
Moreno Mejia Luis Alberto	director	C/O DOW INC., 2211 H.H. DOW WAY, MIDLAND MI 48674
John Maurice Sampson	officer: Senior Vice President	C/O DOW INC., 2211 H.H. DOW WAY, MIDLAND MI 48674
Peter Holicki	officer: Senior Vice President	2211 H.H. DOW WAY, MIDLAND MI 48674
Banister Gaurdie E. Jr.	director	2211 H.H. DOW WAY, MIDLAND MI 48674
Diego Donoso	officer: President, Pkg & Spec Plastics	2211 H.H. DOW WAY, MIDLAND MI 48674
Jack Broodo	officer: President, Feedstocks & Energy	2211 H.H. DOW WAY, MIDLAND MI 48640
Jane Palmieri	officer: President, Ind Interm & Infras	2211 H.H. DOW WAY, MIDLAND MI 48674