Olin Declares 377th Consecutive Quarterly Dividend

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.

News Market Reaction – OLN

+3.17%

+3.17% Session move

In the trading session that priced this news, OLN gained 3.17%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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CLAYTON, Mo., Feb. 15, 2021 /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 March 10, 2021 to shareholders of record at the close of business on March 2, 2021. This marks the company's 377th 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.

2021-05

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SOURCE Olin Corporation

FAQ

What is the dividend amount declared by Olin Corporation?

Olin Corporation declared a quarterly dividend of $0.20 per share.

When will Olin Corporation's dividend be paid?

The dividend will be payable on March 10, 2021.

What is the record date for Olin Corporation's dividend?

The record date for the dividend is March 2, 2021.

How many consecutive quarterly dividends has Olin Corporation declared?

Olin Corporation has declared 377 consecutive quarterly dividends.