July 22, 2014 / 10:10 AM / 3 years ago

DuPont profit inches up 4 pct, raises dividend

July 22 (Reuters) - Chemicals maker DuPont’s quarterly profit inched up 4 percent and raised its quarterly dividend for the third time in the last 27 months.

Net income attributable to DuPont rose to $1.07 billion, or $1.15 per share, in the second quarter ended June 30, from $1.03 billion, or $1.11 per share, a year earlier.

Net sales slid about 1 percent to $9.71 billion.

DuPont said it would pay a dividend of 47 cents per share in the third quarter, higher than the 45 cents paid in the second quarter.

Reporting by Swetha Gopinath in Bangalore; Editing by Savio D'Souza

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