Ashland board authorizes quarterly dividend
Ashland (NYSE: ASH) has announced that its board of directors has declared a quarterly cash dividend of $0.405 per share on the company's common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Ashland (NYSE: ASH) has announced that its board of directors has declared a quarterly cash dividend of $0.405 per share on the company's common stock. The dividend will be paid on March 15, 2025, to stockholders of record as of March 1, 2025. The company reported 47,182,862 outstanding shares of common stock as of December 31, 2024.
Positive
- Consistent dividend payment demonstrates financial stability
- Total quarterly dividend payout of approximately $19.1 million shows strong cash position
Negative
- None.
Details
News Market Reaction – ASH
The recorded move for ASH in the trading session of this news was +2.42%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
WILMINGTON, Del., Jan. 20, 2025 (GLOBE NEWSWIRE) -- The board of directors of Ashland Inc. (NYSE: ASH) has declared a quarterly cash dividend of
As of December 31, 2024, there were 47,182,862 shares of Ashland common stock outstanding.
About Ashland
Ashland Inc. (NYSE: ASH) is a global additives and specialty ingredients company with a conscious and proactive mindset for environmental, social and governance (ESG). The company serves customers in a wide range of consumer and industrial markets, including architectural coatings, construction, energy, food and beverage, personal care and pharmaceutical. Approximately 3,200 passionate, tenacious solvers thrive on developing practical, innovative and elegant solutions to complex problems for customers in more than 100 countries. Visit ashland.com and ashland.com/ESG to learn more.
™ Trademark, Ashland or its subsidiaries, registered in various countries.
| Investor Relations: | Media Relations: |
| William Whitaker | Carolmarie C. Brown |
| +1 (614) 790-2095 | +1 (302) 995-3158 |
| wcwhitaker@ashland.com | ccbrown@ashland.com |
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