Dow Inc. (NYSE:DOW) is one of the stocks Jim Cramer shared insights on. During the episode, Cramer discussed the stock’s dividend. He commented:
“A dividend sucker is born every minute. Last week, chemical giant Dow cut its dividend in half, taking it from 70 cents per quarter to 35 cents, saving about $1 billion annually… I heard that the dividend would protect the stock. When Dow’s dividend yield was 5%, the presumption was that you had to buy. Why? Because that was better than the 10-year treasury yield. See, people said you were basically being paid to wait for the chemical business to turn around…
Photo by jason briscoe on Unsplash
Dow (NYSE:DOW) delivers materials science solutions across packaging, infrastructure, mobility, and consumer needs. The company provides chemical, plastic, and coating products, and is also involved in property and casualty insurance and reinsurance.
While we acknowledge the potential of DOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.