Owens Corning (OC) Raises Quarterly Dividend 5.9% to $0.18; 1.7% Yield

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Go back to Owens Corning (OC) Raises Quarterly Dividend 5.9% to $0.18; 1.7% Yield

Owens Corning Reports Fourth-Quarter and Full-Year 2015 Results

February 10, 2016 7:23 AM EST

Company Grows 2015 Adjusted Earnings by 46% with Strong Free Cash Flow;
All Businesses Deliver Improved Performance

Composites delivered $44 million of EBIT in the quarter; achieved 12% full-year EBIT margins Roofing grew EBIT by $21 million for the quarter; delivered mid-teen EBIT margins for 2015 Insulation delivered $70 million EBIT for the quarter, the 18th consecutive quarter of EBIT improvement Board of Directors increased the dividend by 6% on strong free cash flow performance

TOLEDO, Ohio--(BUSINESS WIRE)-- Owens Corning (NYSE:... More