The latest dividend represents an 8.5% increase over the prior quarterly dividend and marks the 55th consecutive year in which the company has increased its dividend.
Huntsman Corp. recently reported fourth-quarter 2023 results with revenues of $1,403 million, posting a net loss attributable to Huntsman of $71 million.
These results were driven by the launch of software solutions that enable chemical suppliers and distributors to deliver an improved customer experience.
Despite achieving a record fiscal year adjusted EBITDA margin of 16.5%, the results were mixed for both the fourth quarter and all of 2023, but a positive outlook remains.