5 Chemical Dividend Stock with Over 2% Yield

4. Dow Inc. (NYSE:DOW)

Number of Hedge Fund Holders: 42
Dividend Yield as of December 12: 5.25%

Dow Inc. (NYSE:DOW), an American chemical company, offers an industry-leading dividend yield of 5.25% since its separation from DowDuPont in 2019. During the third quarter, the company also paid over $518 million to shareholders through dividends.

As of Q3 2021, the number of hedge funds tracked by Insider Monkey having stakes in Dow Inc. (NYSE:DOW) grew to 42, from 40 in the previous quarter. The total value of these stakes is over $747.4 million, up significantly from $518.5 million in Q2.

In Q3, Dow Inc. (NYSE:DOW) posted an EPS of $2.75, beating estimates by $0.19. The company’s revenue for the quarter also grew by 53% on a year-over-year basis, reaching $14.84 billion. Recently, appreciating the company’s solid quarterly earnings, Wells Fargo set a $67 price target on Dow Inc. (NYSE:DOW), while maintaining an Overweight rating on the shares.