The Chemours Company (CC) To Go Ex-Dividend on November 14th

The Chemours Company (NYSE:CC) declared a quarterly dividend on Wednesday, October 29th. Investors of record on Friday, November 14th will be paid a dividend of 0.0875 per share by the specialty chemicals company on Monday, December 15th. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, November 14th.

Chemours has a payout ratio of 14.5% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Chemours to earn $2.71 per share next year, which means the company should continue to be able to cover its $0.35 annual dividend with an expected future payout ratio of 12.9%.

Chemours Stock Performance

NYSE CC opened at $12.64 on Wednesday. The company has a market capitalization of $1.89 billion, a PE ratio of -5.69 and a beta of 1.64. The company has a debt-to-equity ratio of 13.66, a quick ratio of 0.88 and a current ratio of 1.71. Chemours has a 52-week low of $9.13 and a 52-week high of $22.38. The company has a 50-day simple moving average of $14.77 and a 200 day simple moving average of $13.25.

Chemours (NYSE:CC) last released its earnings results on Thursday, November 6th. The specialty chemicals company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.04). Chemours had a negative net margin of 5.70% and a positive return on equity of 35.27%. The company had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the prior year, the company earned $0.40 earnings per share. The firm’s revenue was down .9% on a year-over-year basis. Chemours has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. On average, research analysts predict that Chemours will post 2.03 EPS for the current year.

Chemours Company Profile

The Chemours Company provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. It operates through three segments: Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials. The Titanium Technologies segment provides TiO2 pigment under the Ti-Pure brand for delivering whiteness, brightness, opacity, durability, efficiency, and protection in various of applications, such as architectural and industrial coatings, flexible and rigid plastic packaging, polyvinylchloride, laminate papers used for furniture and building materials, coated paper, and coated paperboard used for packaging.