Owens Corning announced that its Board of Directors has declared a fourth-quarter cash dividend of 60c per common share, a 15% increase compared to the prior quarterly dividend. The dividend will be payable on January 19, 2024, to shareholders of record as of January 8, 2024. Future dividend declarations will be made at the discretion of the Board of Directors and will be based on the company’s earnings, financial condition, cash requirements, future prospects and other factors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on OC:
- Owens Corning management to meet with Loop Capital
- Owens Corning price target lowered to $115 from $135 at Truist
- Owens Corning price target lowered to $155 from $168 at RBC Capital
- Owens Corning price target lowered to $143 from $157 at Loop Capital
- Owens Corning price target lowered to $123 from $143 at Wells Fargo
