Ashland board authorizes quarterly dividend
Rhea-AI Summary
Ashland (NYSE: ASH) has announced its board of directors has declared a quarterly cash dividend of $0.415 per share, marking a 2.5% increase from the previous quarter. The dividend will be paid on June 15, 2025, to stockholders of record as of June 1, 2025. As of April 30, 2025, Ashland reported 45,696,225 outstanding shares of common stock.
Positive
- 2.5% increase in quarterly dividend shows confidence in company's financial stability
- Total quarterly dividend payout amounts to approximately $19 million based on current shares outstanding
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, ASH gained 0.48%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
WILMINGTON, Del., May 06, 2025 (GLOBE NEWSWIRE) -- The board of directors of Ashland Inc. (NYSE: ASH) has declared a quarterly cash dividend of
As of April 30, 2025, there were 45,696,225 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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