Olin Corporation dividend calculator – Olin Corporation Announces Quarterly Dividend of $0.20 Per Share

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Olin Corporation ($NYSE:OLN) is a leading manufacturer and distributor of chemical products. The company announced a quarterly dividend of $0.20 per share, payable December 9th to shareholders of record on November 10th, with an ex-dividend date of November 9th. Olin Corporation has a long history of paying and increasing dividends, and this latest announcement is just another example of the company’s commitment to shareholder value.

Dividends – Olin Corporation dividend calculator

Olin Corporation announced today that its Board of Directors has declared a quarterly dividend of $0.20 per share. This marks the fourth consecutive quarter that OLN has increased its dividend. OLN’s dividend yields from 2020 to 2022 are 5.47%, 1.87%, 1.54%, thus three-year average dividend yield of 2.96%. If you are looking for dividend stocks, OLN could be a good option.

Market Price

This news caused the stock to open at $57.9 and close at $57.8, up by 0.5% from the prior closing price of $57.5. Olin Corporation is a publicly traded company, and its shares are listed on the New York Stock Exchange.

VI Analysis

A company’s fundamentals reflect its long term potential. The VI app makes analyzing a company’s fundamentals easy. The VI Star Chart shows that OLIN CORPORATION is classified as a ‘gorilla’. This means that the company has achieved stable and high revenue or earning growth due to its strong competitive advantage. Gorilla companies are of interest to investors who are looking for long-term growth potential.

OLIN CORPORATION has a high health score of 8/10 considering its cashflows and debt. This means that the company is capable of paying off its debt and funding future operations. OLIN CORPORATION is strong in dividend, growth, and medium in asset, profitability.

VI Peers

Olin Corp is a leading manufacturer of chlor alkali products, vinyls, and epoxy, with a significant presence in the global market. The company has a long history of competition with other manufacturers, including Aarti Industries Ltd, Stepan Co, and Kaneka Corp.

– Aarti Industries Ltd ($BSE:524208)

Aarti Industries Ltd is an Indian company that manufactures and sells chemicals. It has a market cap of 285.93B as of 2022 and a ROE of 17.74%. The company was founded in 1972 and is based in Mumbai, India.

– Stepan Co ($NYSE:SCL)

Stepan Co. has a market capitalization of $2.11 billion as of March 2022 and a return on equity of 11.75%. The company produces and sells specialty and intermediate chemicals used in a variety of applications, including surfactants, polymers, and other performance chemicals. Stepan’s products are sold to customers in more than 90 countries around the world.

– Kaneka Corp ($TSE:4118)

Kaneka Corporation is a Japanese chemical company with a market capitalization of 245.56 billion as of 2022. The company has a return on equity of 6.58%. Kaneka Corporation is involved in the manufacture of chemicals, plastics, and pharmaceuticals. The company was founded in 1934 and is headquartered in Osaka, Japan.

Summary

Investing in Olin Corporation can be a smart move for income investors. One reason to consider investing in Olin Corporation is the company’s strong financial position. This indicates that the company has a good handle on its debt and is able to pay off its short-term obligations.

Another reason to consider investing in Olin Corporation is the company’s dividend history. If you are looking for a company with a strong financial position and a history of dividend growth, then Olin Corporation may be a good option for you.