2Yr·

Opinion about $DOW (+1%)


Say, have you guys looked into DOW in your search for good dividend stocks?

Seems pretty attractive to me. It's a global chemical company based in the US. The dividend yield is already at 6% now. Unfortunately can't say much about the increase as the company has only been around in this form since 2019. However, their payout ratio is just 30%. So there's still a lot of room for improvement. And 30% sounds like future increases to me.


I'm not quite done with my analysis yet, but so far everything seems great sein🙌🏽 what do you think?

2
8 Comments

profile image
A 6 year old company that has been paying dividends for 2 years is a bit difficult to judge. I would describe it as "moderate" at best according to current company values. Growth rate is estimated at 0.4%. Operating profit in 2023 is expected to fall by -1.4 billion, P/E ratio increases by +2.0 compared to 2022 to 8.6. Difficult environment for companies that need to buy oil and industrial gases. Still put the stock on my watchlist.
1
View all 3 further answers
profile image
@Heart
It would be interesting to know what makes them better/worse than BASF and Covestro, which are similarly priced.

Greetings
Alex
Show answer
profile image
I also considered Dow for 2 minutes but classified it as uninteresting. In my opinion, there are many better stocks.
profile image
I have put lyondellbasell in my portfolio instead ☺️ but also find dow quite interesting
Join the conversation