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DuPont reports higher profit on strong electronics demand, boosts dividend

Industrial materials maker DuPont (NYSE:DD) on Tuesday reported a higher adjusted profit in the fourth quarter and increased its quarterly dividend by 10%, flagging strong demand in its key end markets such as electronics.

The company’s adjusted net income rose to $557 million, or $1.08 per share, in the three months ended Dec. 31, from $513 million, or 70 cents per share, a year earlier.

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