Olin Declares 379th Consecutive Quarterly Dividend
Olin Corporation's Board of Directors has declared a quarterly dividend of $0.20 per share on common stock, payable on September 10, 2021.
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's Board of Directors has declared a quarterly dividend of $0.20 per share on common stock, payable on September 10, 2021. Shareholders of record as of August 10, 2021 will receive this dividend, marking the company's 379th consecutive quarterly dividend. Olin Corporation is a prominent global manufacturer of chemical products and ammunition, providing a wide range of products including chlorine, caustic soda, and various types of ammunition.
Positive
- Quarterly dividend of $0.20 per share enhances shareholder income.
- Continued dividend growth reflects company stability and confidence.
Negative
- None.
Details
News Market Reaction – OLN
The recorded move for OLN in the trading session of this news was -0.69%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CLAYTON, Mo., July 22, 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.
2021-18
View original content to download multimedia:https://www.prnewswire.com/news-releases/olin-declares-379th-consecutive-quarterly-dividend-301339849.html
SOURCE Olin Corporation
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.