Owens Corning (OC) Declares $0.20 Quarterly Dividend; 1.5% Yield

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Owens Corning Declares Fourth-Quarter 2016 Dividend

December 2, 2016 7:30 AM EST

Board of Directors Approves Increase in Quarterly Cash Dividend to $0.20 per Share

TOLEDO, Ohio--(BUSINESS WIRE)-- Owens Corning (NYSE: OC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per common share, an 11% increase compared with the prior quarterly dividend. The dividend will be payable on January 18, 2017, to shareholders of record as of January 3, 2017.

"The dividend increase demonstrates our confidence in the company's financial outlook and cash generation capability, as well as our commitment to enhancing shareholder value," said Chairman and Chief Executive Officer Mike... More