Owens Corning (OC) Raises Quarterly Dividend 34.6% to $0.35; 1.6% Yield
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Owens Corning Announces 35% Dividend Increase
December 2, 2021 4:30 PM ESTTOLEDO, Ohio--(BUSINESS WIRE)-- Owens Corning (NYSE: OC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.35 per common share, a 35% increase compared with the prior quarterly dividend. The dividend will be payable on January 21, 2022, to shareholders of record as of January 7, 2022.
Owens Corning has delivered outstanding results and continued strong cash flow generation, said Chair and Chief Executive Officer Brian Chambers. The dividend increase demonstrates our confidence in the earnings power of the company, as well as our commitment to returning cash to shareholders over... More
