DuPont is a science company, delivering science-based solutions
in markets such as food and nutrition, health care, apparel,
home and construction, electronics and transportation.
Two hundred years ago, DuPont was primarily an explosives company.
One hundred years ago, the company's focus turned to global
chemicals, materials and energy. Today, entering its third
century, DuPont delivers science-based solutions that make real
differences in real lives. Look closely at the things around your
home and, chances are, you'll find a DuPont imprint.
DuPont's ability to adapt to change and its foundation of
unending scientific inquiry enabled its two-century journey to
becoming one of the world's most innovative companies. But, in
the face of constant change, innovation and discovery, the
company's core values have remained constant: commitment to
safety, health and the environment; integrity and high ethical
standards; and treating people with fairness and respect.
Reasons To Invest
Care for controversy? Here's a bit.
DuPont is worth a closer look in here. The company is in the
position to benefit from an expansion in industrial production,
which many analysts predict will start expanding later this
year. The rebound in the economy is the biggest theme behind
DuPont currently. The company is closely tied to the business
cycle. If the economy begins to expand in the next six to
nine months, DuPont will accordingly see an expansion in its
earnings, which will in turn drive the stock higher.
During the most recent economic downturn, DuPont made great
strides in eliminating debt from its financial position. The
company is now in one of its strongest positions in almost
two decades. Moreover, its chunky dividend yield serves as
a safety net in the event of future volatility in its share
price. The company currently pays $1.40 dividend, which
amounts to a current yield of about 3.40 percent. While the
economy works towards expansion, that yield will help to
cushion any bumps along the way.
During its conference call, the company highlighted a
stronger economic environment this year for its products
and services. DuPont officials said that the company's
full year fiscal 2002 results will show an increase in
earnings, which echoed the consensus expectations for a
rebound in the economy.
In the short-term, the stock may fall under unnecessary
pressure related to the asbestos concerns plaguing many
industrial concerns. Such weakness would offer favorable
entries into DuPont, who has the necessary risk management
procedures in place to contend with any asbestos related
Shares to Qualify = 1 Accept Foreign Accounts: Yes
Auto-reinvestment = No Temper Enrollment Serv: Yes
Min/Max Investment = $20 to $5,000/month
Reinvestment Fees -
Div : 5% to $3 + 10 cents/share
Cash: 5% to $3 + 3 cents/share
First Chicago Trust
Industry Group: Chemicals 52-week high=$49.88
Annual Dividend Per Share= 1.40 52-week low =$32.64
Last earnings 10/20 est = 0.10 actual = 0.12
Next earnings 01-23 est = 0.11 versus = 0.47
P/E = 63
Strong Buy = 2
Moderate Buy = 4
Hold = 6
Moderate Sell = 0
Strong Sell = 0