---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-021485"
form_type: "8-K"
ticker: "ASH"
cik: "0001674862"
company_name: "ASHLAND INC."
filed_at: "2023-05-12T23:59:59+00:00"
generated_at: "2026-06-15T02:37:03.654101+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ashland raises quarterly dividend 15% to $0.385, announces $100M share repurchase plan

## Summary
- Quarterly dividend increased 15% to $0.385 per share, payable June 15, 2023 to holders of record June 1, 2023.
- New dividend policy targets annual payout ratio of approximately 30% of adjusted income from continuing operations.
- Company intends to commence a 10b5-1 plan to repurchase up to $100 million of shares during the June 2023 quarter.
- Inclusive of this new repurchase, Ashland will have returned ~$950 million to shareholders over the past three years.

## SEC filing metadata
- accession: 0000950170-23-021485
- form_type: 8-K
- ticker: ASH
- cik: 0001674862
- company_name: ASHLAND INC.
- filed_at: 2023-05-12T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674862/000095017023021485/0000950170-23-021485-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674862/000095017023021485/ash-20230511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-021485
- JSON: https://secwatch.observer/filing/0000950170-23-021485.json
- Plain text: https://secwatch.observer/filing/0000950170-23-021485.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.