Dow's 17% plunge and 50% dividend cut reflect deep cyclical challenges, weak margins, and heavy debt. Click here to find out why DOW is a Hold.

Dow’s stock tumbles toward a five-year low after dividend was cut in half, and quarterly losses were much wider than expected.

The operating environment just didn’t improve fast enough for Dow Inc. The commodity chemicals producer slashed its dividend on Thursday to preserve cash in tough times. The new quarterly payout is 35 cents,