Olin Declares 375th Consecutive Quarterly Dividend
Olin Corporation (NYSE: OLN) announced a quarterly dividend of $0.20 per share, marking its 375th consecutive quarterly dividend.
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
Olin Corporation (NYSE: OLN) announced a quarterly dividend of $0.20 per share, marking its 375th consecutive quarterly dividend. The dividend is payable on September 10, 2020, to shareholders of record as of August 10, 2020. Olin is a leading global manufacturer and distributor of chemical products, including chlorine and caustic soda, and a prominent U.S. manufacturer of ammunition through its Winchester brand.
Positive
- 375th consecutive quarterly dividend demonstrates ongoing commitment to returning value to shareholders.
- Dividend payment reflects company's consistent financial performance.
Negative
- None.
Details
News Market Reaction – OLN
The recorded move for OLN in the trading session of this news was -1.75%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CLAYTON, Mo., July 30, 2020 /PRNewswire/ -- Today, Olin Corporation's (NYSE: OLN) Board of Directors declared a quarterly dividend of
COMPANY DESCRIPTION
Olin Corporation is a leading vertically-integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition. The chemical products produced include chlorine and caustic soda, vinyls, epoxies, chlorinated organics, bleach and hydrochloric acid. Winchester's principal manufacturing facilities produce and distribute sporting ammunition, law enforcement ammunition, reloading components, small caliber military ammunition and components, and industrial cartridges.
Visit www.olin.com for more information on Olin.
2020-12
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SOURCE Olin Corporation
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