Ashland board authorizes nine percent increase in quarterly dividend

Rhea-AI Summary

Ashland Global Holdings Inc. (NYSE: ASH) has announced a 9% increase in its quarterly dividend, raising it from $0.275 to $0.30 per share. This change reflects the company's commitment to returning value to shareholders. The dividend will be payable on June 15, 2021, to stockholders of record as of June 1, 2021. As of April 30, 2021, there were 60,723,629 shares of Ashland common stock outstanding, suggesting a robust return on investment for shareholders.

Positive

• Increased quarterly dividend from $0.275 to $0.30 per share, representing a 9% increase.
• Demonstrates the company's commitment to shareholder returns.

Negative

• None.

News Market Reaction – ASH

+1.38%

+1.38% Session move

In the trading session that priced this news, ASH gained 1.38%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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WILMINGTON, Del., May 20, 2021 (GLOBE NEWSWIRE) -- The board of directors of Ashland Global Holdings Inc. (NYSE: ASH) has authorized a nine percent increase in the quarterly dividend from $0.275 to $0.30 per share on the company's common stock.

The dividend is payable June 15, 2021, to stockholders of record at the close of business on June 1, 2021. As of April 30, 2021, there were 60,723,629 shares of Ashland common stock outstanding.

About Ashland 
Ashland Global Holdings Inc. (NYSE: ASH) is a premier specialty materials company with a conscious and proactive mindset for sustainability. The company serves customers in a wide range of consumer and industrial markets, including adhesives, architectural coatings, automotive, construction, energy, food and beverage, nutraceuticals, personal care and pharmaceutical. Approximately 4,200 passionate, tenacious solvers – from renowned scientists and research chemists to talented engineers and plant operators – thrive on developing practical, innovative and elegant solutions to complex problems for customers in more than 100 countries. Visit ashland.com and ashland.com/sustainability  to learn more. 

^™ Trademark, Ashland or its subsidiaries, registered in various countries.

Investor Relations:	Media Relations:
Seth A. Mrozek	Carolmarie C. Brown
+1 (302) 594-5010	+1 (302) 995-3158
samrozek@ashland.com	ccbrown@ashland.com

Attachment

• Ashland board authorizes nine percent increase in quarterly dividend 20210520

FAQ

What is the new dividend amount for Ashland Global Holdings (ASH)?

The new dividend amount is $0.30 per share, increased from $0.275.

When is the dividend payable for Ashland Global Holdings (ASH)?

The dividend is payable on June 15, 2021.

What is the record date for the dividend payment for ASH?

The record date for the dividend payment is June 1, 2021.

How many shares of Ashland common stock are outstanding?

As of April 30, 2021, there are 60,723,629 shares of Ashland common stock outstanding.