Dow Inc. faces significant headwinds, including tariffs and weak global demand, leading to a 53% stock decline YoY and disappointing Q2 earnings. Management cut the dividend by 50% to preserve capital, signaling expectations of prolonged challenges and deteriorating financials. Sales and earnings have declined across most segments, with only minor improvements in Performance Materials & Coatings due to lower input costs.
Dow's 17% plunge and 50% dividend cut reflect deep cyclical challenges, weak margins, and heavy debt, making the stock risky at current levels. Management is taking tough actions—cost cuts, plant closures, and dividend reductions—to stabilize the balance sheet, but near-term earnings outlook remains weak. Despite a 6% yield and some positives, I see little upside and significant risks, especially if a recession or further tariff issues emerge.
The S&P 500 is set to score a record finish every day of this past week while the Dow has yet to return to record territory in 2025.
![]() DOW In 1 month Announced | Quarterly | $0.35 Per Share |
![]() DOW 1 month ago Paid | Quarterly | $0.7 Per Share |
![]() DOW 4 months ago Paid | Quarterly | $0.7 Per Share |
![]() DOW 7 months ago Paid | Quarterly | $0.7 Per Share |
![]() DOW 10 months ago Paid | Quarterly | $0.7 Per Share |
23 Oct 2025 (In 2 months) Date | | - Cons. EPS | - EPS |
23 Oct 2025 (In 2 months) Date | | 0.1 Cons. EPS | - EPS |
24 Jul 2025 Date | | - Cons. EPS | - EPS |
23 Jul 2025 Date | | - Cons. EPS | - EPS |
23 Apr 2025 Date | | - Cons. EPS | - EPS |
![]() DOW In 1 month Announced | Quarterly | $0.35 Per Share |
![]() DOW 1 month ago Paid | Quarterly | $0.7 Per Share |
![]() DOW 4 months ago Paid | Quarterly | $0.7 Per Share |
![]() DOW 7 months ago Paid | Quarterly | $0.7 Per Share |
![]() DOW 10 months ago Paid | Quarterly | $0.7 Per Share |
23 Oct 2025 (In 2 months) Date | | - Cons. EPS | - EPS |
23 Oct 2025 (In 2 months) Date | | 0.1 Cons. EPS | - EPS |
24 Jul 2025 Date | | - Cons. EPS | - EPS |
23 Jul 2025 Date | | - Cons. EPS | - EPS |
23 Apr 2025 Date | | - Cons. EPS | - EPS |
Chemicals Industry | Basic Materials Sector | James R. Fitterling CEO | NYSE Exchange | 260557103 Cusip |
US Country | 36,000 Employees | 29 Aug 2025 Last Dividend | - Last Split | 20 Mar 2019 IPO Date |
Dow Inc., established in 2018 and headquartered in Midland, Michigan, is a global leader in materials science, offering innovative solutions in various domains such as packaging, infrastructure, mobility, and consumer applications. The company's vast footprint spans across the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America. Dow Inc. operates through three primary segments: Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings. Each segment is tailored to meet the intricate and evolving needs of its respective markets, leveraging the company's technological expertise, global scale, and commitment to sustainability. Moreover, Dow Inc. engages in the insurance sector, providing property and casualty insurance, including reinsurance services, thereby diversifying its business operations.
This segment offers a variety of products including ethylene, propylene, and aromatics, along with polyethylene, polyolefin elastomers, ethylene vinyl acetate, and ethylene propylene diene monomer rubbers. These materials are essential for applications in mobility and transportation, consumer products, wire and cable, and the construction industry, highlighting Dow's commitment to delivering versatile and high-quality materials.
Includes products such as purified ethylene, ethylene and ethanol amines, propylene glycol, polyether polyols, aromatic isocyanates, and a range of coatings, adhesives, sealants, elastomers, and composites. Additionally, it offers caustic soda, and ethylene dichloride and vinyl chloride monomers; along with cellulose ethers, redispersible latex powders, and acrylic emulsions. This broad selection of intermediates serves various industries, showcasing Dow's expertise in creating foundation elements for diverse industrial processes and products.
This segment provides architectural paints and coatings, industrial coatings used in maintenance and protection, wood finishes, metal packaging, traffic markings, thermal paper, and leather treatments. Additionally, it includes silicon metal, siloxanes, and intermediates as essential materials for producing differentiated downstream silicone products. These offerings demonstrate Dow's ability to enhance the performance and durability of customer products across a wide range of industries.