dividend
confidence high
sentiment positive
materiality 0.55
Owens Corning increases quarterly dividend by 35% to $0.35 per share
Owens Corning
- Quarterly dividend raised to $0.35 per share from $0.259, a 35% increase.
- Dividend payable on January 21, 2022 to shareholders of record as of January 7, 2022.
- CEO Brian Chambers cited strong cash flow generation and confidence in earnings power.
- Future dividend declarations remain at Board discretion based on earnings and other factors.