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Ashland board declares quarterly dividend

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Rhea-AI Summary

The board of directors of Ashland Global Holdings has declared a quarterly cash dividend of $0.275 per share on common stock. This dividend will be payable on June 15, 2020, to stockholders of record as of June 1, 2020. As of March 31, 2020, there are 60,456,039 shares outstanding. Ashland is a premier global specialty materials company serving various sectors, including automotive, pharmaceuticals, and food and beverage.

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Positive

  • Quarterly cash dividend of $0.275 per share enhances shareholder income.
  • Demonstrates the company's confidence in its financial stability.

Negative

  • None.

News Market Reaction – ASH

+1.78%
1 alert
+1.78% News Effect

On the day this news was published, ASH gained 1.78%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

WILMINGTON, Del., May 20, 2020 (GLOBE NEWSWIRE) -- The board of directors of Ashland Global Holdings Inc. (NYSE: ASH) has declared a quarterly cash dividend of $0.275 per share on the company's common stock. The dividend is payable June 15, 2020, to stockholders of record at the close of business on June 1, 2020. As of March 31, 2020, there were 60,456,039 shares of Ashland common stock outstanding.

About Ashland 
Ashland Global Holdings Inc. (NYSE: ASH) is a premier global specialty materials company serving 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. At Ashland, we are approximately 4,600 passionate, tenacious solvers – from renowned scientists and research chemists to talented engineers and plant operators – who thrive on developing practical, innovative and elegant solutions to complex problems for customers in more than 100 countries. Visit ashland.com 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

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FAQ

What is the dividend amount declared by Ashland Global Holdings?

Ashland Global Holdings has declared a quarterly cash dividend of $0.275 per share.

When is the dividend payable for Ashland Global Holdings?

The dividend is payable on June 15, 2020.

Who is eligible for the dividend from Ashland Global Holdings?

Stockholders of record at the close of business on June 1, 2020, are eligible for the dividend.

How many shares does Ashland Global Holdings have outstanding?

As of March 31, 2020, there are 60,456,039 shares of Ashland common stock outstanding.