Olin Declares 377th Consecutive Quarterly Dividend
Olin Corporation (NYSE: OLN) declared a quarterly dividend of $0.20 per share, marking its 377th 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) declared a quarterly dividend of $0.20 per share, marking its 377th consecutive quarterly dividend. The dividend will be payable on March 10, 2021, to shareholders recorded by March 2, 2021. Olin is a leading manufacturer and distributor of chemical products, including chlorine and caustic soda, as well as a prominent U.S. ammunition producer.
Positive
- Quarterly dividend of $0.20 enhances income for shareholders.
- 377 consecutive quarterly dividends reflect company stability.
Negative
- None.
Details
News Market Reaction – OLN
The recorded move for OLN in the trading session of this news was +3.17%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CLAYTON, Mo., Feb. 15, 2021 /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.
2021-05
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SOURCE Olin Corporation
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