Ashland board authorizes quarterly dividend

Rhea-AI Summary

ASH - Ashland Inc. Declares $0.385 Quarterly Dividend - The board of directors of Ashland Inc. (NYSE: ASH) has declared a quarterly cash dividend of $0.385 cents per share on the company's common stock. The dividend is payable on September 15, 2023, to stockholders of record at the close of business on September 1, 2023. As of July 31, 2023, there were 51,244,133 shares of Ashland common stock outstanding.

Positive

• The declaration of a quarterly cash dividend indicates financial stability and a commitment to returning value to shareholders.
• The number of outstanding shares provides insight into the company's market capitalization and potential impact on the stock price.

Negative

• None.

WILMINGTON, Del., Aug. 14, 2023 (GLOBE NEWSWIRE) -- The board of directors of Ashland Inc. (NYSE: ASH) has declared a quarterly cash dividend of $0.385 cents per share on the company's common stock. The dividend is payable on September 15, 2023, to stockholders of record at the close of business on September 1, 2023.

As of July 31, 2023, there were 51,244,133 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

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FAQ

What is the dividend declared by Ashland Inc. (NYSE: ASH)?

The board of directors of Ashland Inc. has declared a quarterly cash dividend of $0.385 cents per share on the company's common stock.

When is the dividend payable to stockholders?

The dividend is payable on September 15, 2023, to stockholders of record at the close of business on September 1, 2023.

How many shares of Ashland common stock were outstanding as of July 31, 2023?

As of July 31, 2023, there were 51,244,133 shares of Ashland common stock outstanding.