Olin Declares 376th Consecutive Quarterly Dividend
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.
News Market Reaction
On the day this news was published, OLN gained 2.26%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
CLAYTON, Mo., Oct. 22, 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.
2020-17
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SOURCE Olin Corporation
FAQ
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