Olin Corp. (OLN) Declares $0.20 Quarterly Dividend, 2.8% Yield; Appoints Stephanie A. Streeter to Board

Olin Corp. (NYSE: OLN) declared a quarterly dividend of $0.20 per share, or $0.8 annualized.

The dividend will be payable on September 10, 2018, to stockholders of record on August 10, 2018, with an ex-dividend date of August 9, 2018.

The annual yield on the dividend is 2.8 percent.

New Board Member

Olin Corp. also announced today that Stephanie A. Streeter, 60, was elected by Olin's Board of Directors to serve on Olin's Board, Compensation Committee and Directors and Corporate Governance Committee of the Board effective July 27, 2018.

Ms. Streeter served as Chief Executive Officer and Director of Libbey, Inc. (a producer of glass tableware and other tabletop products) from 2011 to January 2016. Prior to that, Ms. Streeter served as Interim Chief Executive Officer, United States Olympic Committee from 2009 to 2010 and served on its board of directors from 2004 until 2009. Previously, she was Chairman, President and Chief Executive Officer of Banta Corporation (a global technology, printing and supply-chain management company acquired by Chicago-based RR Donnelley in late 2006) from 2004 until 2007. She joined Banta in 2001 as President and Chief Operating Officer also serving on its board of directors. She served as Chief Executive Officer from 2002 to 2007 and was elected Chairman in 2004. Ms. Streeter is currently a member of the board of directors, serving on the compensation committee and governance committee, of Goodyear Corporation (an American multinational tire manufacturing company) and a member of the board of directors, serving as chairman of the audit committee and a member of the governance & nominating committee, of Kohl's Corporation (an American department store retailing chain). Ms. Streeter earned a bachelor's degree in political science from Stanford University.

John E. Fischer, Olin's Chairman, President and Chief Executive Officer, said, "Our Board is delighted to add a director of Stephanie's caliber, particularly with her extensive chief executive officer and board of director experience, as well as her broad-based knowledge in the areas of marketing, consumer products, information technology and e-commerce in complex businesses with worldwide operations. We look forward to her advice and counsel."

For a dividend history and other dividend-related data on Olin Corp. (OLN) click here.

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