Insight on E.I. du Pont de Nemours &Company (NYSE:DD)

Company Background:

E.I. du Pont de Nemours &Company (NYSE:DD) was incorporated in 1802 and is a well known science and technology company around the globe. Based in Wilmington, Delaware, the company has seven segments which are Agriculture & Nutrition, Electronics & Communications, Performance Chemicals, Performance Coatings, Performance Materials, Safety & Protection and Pharmaceuticals.

Industry Analysis:

E.I. du Pont de Nemours &Company (NYSE:DD) is ranked 2nd among 149 diversified chemicals companies by dividend yield. The company maintains the dividend yield of 3.60 percent as compared to highest dividend yield of 3.70 percent in its industry. The company is ranked 8th among its industry peers by return on equity of 31.41 percent which ranks it 8th among its industry peers.

Financial Analysis:

E.I. du Pont de Nemours & Company (NYSE:DD)generated the total revenue of $10.2 billion for the quarter ended June 30th 2011 as compared to revenue of $8.6 billion for the same period last year. The company reported the net profit of $1.2 billion or diluted earnings of $1.29 per share for the respective quarter as compared to net income of $1.1 billion or earnings of $1.27 per share last year.

The company’s total assets accumulate up to $47.7 billion with highest proportion of current assets in its composition. The company maintains strong short term liquidity position as per its current ratio of 1.77 times.

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Rehan Khan

About Rehan Khan

Rehan Khan has been involved in the financial sector for last 6 years. During that time he has been associated with many financial institutions, banks and brokerages. Rehan is also a graduate in finance and has been writing for last 2 years for various web publications, specializing in US stock markets, penny stocks, forex and commodities.

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