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.

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.

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News Market Reaction – OLN

In the trading session that priced this news, OLN gained 0.58%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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CLAYTON, Mo., Oct. 28, 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 December 10, 2021 to shareholders of record at the close of business on November 10, 2021. This marks the company's 380th 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.

2021-24

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SOURCE Olin Corporation

FAQ

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What is the dividend amount declared by Olin Corporation?

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

When is the dividend payable to shareholders?

The dividend is payable on December 10, 2021.

What is the record date for the dividend from Olin Corporation?

The record date for the dividend is November 10, 2021.

How many consecutive quarterly dividends has Olin declared?

Olin has declared its 380th consecutive quarterly dividend.

Is the dividend from Olin Corporation sustainable?

The sustainability of the dividend can be assessed based on Olin's ongoing financial performance and cash flow.