Olin Declares 375th Consecutive Quarterly Dividend
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.
News Market Reaction
On the day this news was published, OLN declined 1.75%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
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
FAQ
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