Chemours Co(NYSE:CC) Declares Dividend of $0.0300.

Chemours Co (NYSE:CC) had declared a cash dividend of $0.0300 on Aug 3, 2016. The shares will quote ex-dividend on Aug 15, 2016 and the record date has been fixed for Aug 17, 2016. On Aug 3, 2016 share price, the yield comes out to be 1.3438%. The dividend payable date has been fixed on Sep 15, 2016.

In a different note, On Jul 15, 2016, Citigroup said it Maintains its rating on Chemours Co. In the research note, the firm Lowers the price-target to $10.50 per share. The shares have been rated ‘Neutral’ by the firm.

Chemours Co (CC) shares turned negative on Fridays trading session with the shares closing down -0.29 points or -2.47% at a volume of 36,00,804. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $12.11. The peak price level was also seen at $12.11 while the days lowest was $11.085. Finally the shares closed at $11.45. The 52-week high of the shares is $12.11 while the 52-week low is $3.06. According to the latest information available, the market cap of the company is $2,079 M.

Chemours Co(CC) last announced its earnings results on May 2, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $1.30B. Analysts had an estimated revenue of $1.27B. Earnings per share were $0.06. Analysts had estimated an EPS of $0.02.

Several Insider Transactions has been reported to the SEC. On May 18, 2016, Mark Newman (CFO) purchased 2,800 shares at $9.70 per share price.Also, On May 6, 2016, Bradley J Bell (director) purchased 10,000 shares at $9.65 per share price.On Feb 29, 2016, Stephen D Newlin (director) purchased 10,000 shares at $4.95 per share price, according to the Form-4 filing with the securities and exchange commission.

The Chemours Company (Chemours) is a provider of performance chemicals. The Company delivers solutions with a range of industrial and specialty chemical products for markets including plastics and coatings refrigeration and air conditioning general industrial and mining and oil refining. The Company operates through three segments: Titanium Technologies Fluoroproducts and Chemical Solutions. The Titanium Technologies segment is a producer of titanium dioxide (TiO2) under the brands including Ti-Pure and Vantage. Its Fluoroproducts segment is a provider of fluoroproducts under the brands including Suva ISCEON Freon Opteon Teflon Tefzel Viton Krytox Formacel Dymel FM 200 Nafion and Capstone. Its Chemical Solutions segment is a provider of industrial and specialty performance chemicals under the brands including Virkon and Oxone. The Company’s products include titanium dioxide refrigerants industrial fluoropolymer resins sodium cyanide sulfuric acid and aniline.

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