Olin Declares 380th Consecutive Quarterly Dividend
On October 28, 2021, Olin Corporation's (NYSE: OLN) Board of Directors declared a $0.20 quarterly dividend, set to be paid on December 10, 2021, to shareholders of record by November 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
On October 28, 2021, Olin Corporation's (NYSE: OLN) Board of Directors declared a $0.20 quarterly dividend, set to be paid on December 10, 2021, to shareholders of record by November 10, 2021. This announcement signifies the company's 380th consecutive quarterly dividend, reflecting consistent financial performance and shareholder value.
Positive
- Declared a quarterly dividend of $0.20 per share, indicating financial stability and commitment to returning value to shareholders.
- Maintained a streak of 380 consecutive quarterly dividends, showcasing reliability and robust business performance.
Negative
- None.
Details
News Market Reaction – OLN
The recorded move for OLN in the trading session of this news was +0.58%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CLAYTON, Mo., Oct. 28, 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.
2021-24
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SOURCE Olin Corporation
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