2024-01-25 14:20:28 ET
Summary
- DOW has a high starting dividend yield of 5% and has a double-digit price upside when the market shifts.
- Despite a challenging economic backdrop, Dow reported better-than-expected earnings, with a non-GAAP EPS of $0.43.
- Dow's strategic projects are forecasted to yield over $3 billion in underlying earnings annually by 2030, making it an attractive long-term investment.
- Management has done a great job at preserving cash to support dividend payments.
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Dow: Q4 Earnings Reinforce Great Cash Management For This Stock