Ashland board authorizes quarterly dividend
Rhea-AI Summary
Ashland Inc. (NYSE: ASH) has announced a quarterly cash dividend of $0.405 per share on its common stock. The dividend will be paid on September 15, 2024, to stockholders of record as of September 1, 2024. As of July 31, 2024, Ashland had 48,832,846 outstanding shares of common stock. This decision by the board of directors demonstrates the company's commitment to returning value to shareholders and may indicate confidence in Ashland's financial stability and future prospects.
Positive
- Consistent dividend payment indicates financial stability
- Dividend provides income for shareholders
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, ASH gained 1.45%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
WILMINGTON, Del., Aug. 09, 2024 (GLOBE NEWSWIRE) -- The board of directors of Ashland Inc. (NYSE: ASH) has declared a quarterly cash dividend of
As of July 31, 2024, there were 48,832,846 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, nutraceuticals, personal care and pharmaceutical. Approximately 3,800 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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FAQ
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