Olin Declares 376th Consecutive Quarterly Dividend

Olin Corporation's Board of Directors declared a $0.20 quarterly dividend, payable on December 10, 2020, for shareholders of record by November 10, 2020.

Rhea-AI Summary

Olin Corporation's Board of Directors declared a $0.20 quarterly dividend, payable on December 10, 2020, for shareholders of record by November 10, 2020. This represents the 376th consecutive quarterly dividend announced by Olin. The company operates as a major global manufacturer of chemical products and ammunition, highlighting its commitment to returning value to shareholders.

Positive

• Declared a $0.20 quarterly dividend, demonstrating consistent profitability.
• 376th consecutive quarterly dividend reflects strong shareholder return policy.

Negative

• None.

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News Market Reaction – OLN

In the trading session that priced this news, OLN gained 2.26%, reflecting a moderate positive market reaction.

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CLAYTON, Mo., Oct. 22, 2020 /PRNewswire/ -- Today, Olin Corporation's (NYSE: OLN) Board of Directors declared a quarterly dividend of $0.20 on each share of Olin common stock. The dividend is payable on December 10, 2020 to shareholders of record at the close of business on November 10, 2020. This marks the company's 376th consecutive quarterly dividend.

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.

2020-17

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SOURCE Olin Corporation

FAQ

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

What is Olin's dividend amount and payment date?

Olin declared a quarterly dividend of $0.20, payable on December 10, 2020.

How often does Olin pay dividends?

Olin pays dividends quarterly, maintaining a long history of consistent payments.

What is the significance of Olin's 376th consecutive dividend?

The 376th consecutive dividend underscores Olin's sustained commitment to returning value to its shareholders.