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StockNews.com
StockNews.com
Business
Pragya Pandey

Huntsman: A Dividend Stock That Deserves a Place in Your Portfolio

Huntsman Corporation (HUN) in Salt Lake City, Utah, is a global manufacturer and marketer of specialty and differentiated chemicals. The company operates through four segments: Polyurethanes; Performance Products; Advanced Materials; and Textile Effects.

HUN's dividend pay-outs have grown at a 7.7% CAGR over the past five years and 3.7% over the past three years. While its four-year average dividend yield is 2.7%, its current dividend translates to a 2.2% yield. It declared a $0.21 per share quarterly dividend on Feb.14, 2022, payable on March 31, 2022. And the stock has gained 42.1% in price over the past year and 19% over the past three months to close Friday's trading session at $37.91.

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