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Ashland board authorizes quarterly dividend

Ashland Inc. (NYSE: ASH) has declared a quarterly cash dividend of $0.335 per share on its 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.

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Rhea-AI Summary

Ashland Inc. (NYSE: ASH) has declared a quarterly cash dividend of $0.335 per share on its common stock. This dividend is scheduled for payment on December 15, 2022, to shareholders on record as of December 1, 2022. As of October 31, 2022, Ashland has 54,147,528 outstanding shares. Ashland is a global leader in additives and specialty ingredients, serving diverse markets including automotive, food and beverage, and pharmaceuticals, while emphasizing a commitment to environmental, social, and governance (ESG) principles.

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Positive

  • Quarterly cash dividend of $0.335 per share announced.
  • Dividend payment reflects company’s commitment to shareholder returns.
  • Strong commitment to ESG principles may attract socially responsible investors.

Negative

  • None.
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+1.03% session move Open Argus
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News Market Reaction – ASH

The recorded move for ASH in the trading session of this news was +1.03%.

Data tracked by StockTitan Argus. Session date unavailable.

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WILMINGTON, Del., Nov. 18, 2022 (GLOBE NEWSWIRE) --  The board of directors of Ashland Inc. (NYSE: ASH) has declared a quarterly cash dividend of $0.335 cents per share on the company's common stock. The dividend is payable on December 15, 2022, to stockholders of record at the close of business on December 1, 2022.

As of October 31, 2022, there were 54,147,528 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 environment, social and governance (ESG). The company serves customers in a wide range of consumer and industrial markets, including architectural coatings, automotive, construction, energy, food and beverage, nutraceuticals, personal care and pharmaceutical. Approximately 3,900 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/ESG to learn more. 

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

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

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FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Ashland (ASH)?

Ashland (ASH) has declared a quarterly cash dividend of $0.335 per share.

When is the dividend payment date for Ashland (ASH)?

The dividend payment date for Ashland (ASH) is December 15, 2022.

Who are eligible shareholders for the Ashland (ASH) dividend?

Shareholders of record as of December 1, 2022, are eligible for the dividend.

How many shares of Ashland (ASH) are outstanding?

As of October 31, 2022, there are 54,147,528 shares of Ashland common stock outstanding.

What sectors does Ashland (ASH) serve?

Ashland (ASH) serves various sectors including automotive, food and beverage, and pharmaceuticals.

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