Ashland (ASH) Raises Quarterly Dividend 14.9% to $0.385; $100M Buyback Announced
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Ashland announces 15 percent increase in quarterly dividend, new dividend policy and $100 million share repurchase program
May 11, 2023 5:15 PM EDTWILMINGTON, Del., May 11, 2023 (GLOBE NEWSWIRE) -- The board of directors of Ashland Inc. (NYSE: ASH) has declared a quarterly cash dividend of $0.385 cents per share on the company's common stock representing a 15 percent increase from the previous quarter. The dividend is payable on June 15, 2023, to stockholders of record at the close of business on June 1, 2023. As of April 30, 2023, there were 52,353,681 shares of Ashland common stock outstanding.
Ashland recognizes that our shareholders value the consistency and growth of our dividend, said Guillermo Novo, chair and chief executive officer, Ashland. Going forward, the... More
