Ashland board authorizes quarterly dividend

Rhea-AI Summary

The board of directors of Ashland has declared a quarterly cash dividend of $0.335 per share on its common stock. This dividend will be payable on March 15, 2023, to stockholders of record as of March 1, 2023.

As of December 31, 2022, Ashland had 54,271,587 shares of common stock outstanding. Ashland operates globally in additives and specialty ingredients, serving various markets including construction, energy, and pharmaceuticals, with a focus on environmental, social, and governance (ESG) practices.

Positive

• Quarterly cash dividend declared at $0.335 per share, enhancing shareholder value.
• Company demonstrates commitment to ESG practices, potentially attracting socially conscious investors.

Negative

• None.

WILMINGTON, Del., Jan. 23, 2023 (GLOBE NEWSWIRE) -- The board of directors of Ashland Inc. (NYSE: ASH) has declared a quarterly cash dividend of $0.335 cents per share on the company's common stock. The dividend is payable on March 15, 2023, to stockholders of record at the close of business on March 1, 2023.

As of December 31, 2022, there were 54,271,587 shares of Ashland common stock outstanding.

About Ashland 
Ashland Inc. (NYSE: ASH) is a global additives and specialty ingredients company with a conscious and proactive mindset for environment, social and governance (ESG). The company serves customers in a wide range of consumer and industrial markets, including architectural coatings, construction, energy, food and beverage, nutraceuticals, personal care and pharmaceutical. Approximately 3,900 passionate, tenacious solvers thrive on developing practical, innovative and elegant solutions to complex problems for customers in more than 100 countries. Visit ashland.com and ashland.com/ESG to learn more. 

^™ Trademark, Ashland or its subsidiaries, registered in various countries.

Investor Relations:	Media Relations:
Seth A. Mrozek	Carolmarie C. Brown
+1 (302) 594-5010	+1 (302) 995-3158
samrozek@ashland.com	ccbrown@ashland.com

Attachment

• Ashland board authorizes quarterly dividend_FNL_20230123

FAQ

What is the dividend amount declared by Ashland?

Ashland declared a quarterly cash dividend of $0.335 per share.

When is the Ashland dividend payable?

The dividend is payable on March 15, 2023.

What is the record date for Ashland's dividend?

The record date for the dividend is March 1, 2023.

How many shares of Ashland common stock are outstanding?

As of December 31, 2022, there were 54,271,587 shares of Ashland common stock outstanding.

What markets does Ashland serve?

Ashland serves various markets, including architectural coatings, construction, energy, food and beverage, nutraceuticals, personal care, and pharmaceuticals.