Owens Corning Declares Third-Quarter 2021 Dividend

Rhea-AI Summary

Owens Corning (NYSE: OC) has declared a quarterly cash dividend of $0.26 per common share, payable on November 5, 2021, to shareholders of record as of October 22, 2021. Future dividends will depend on various factors such as the company's earnings, financial health, and prospects. Owens Corning is a leader in building and industrial materials, generating $7.1 billion in sales in 2020, with a committed workforce of 19,000 employees across 33 countries.

Positive

• Declared a quarterly cash dividend of $0.26 per share, enhancing shareholder income.
• Continues a strong dividend practice, indicating confidence in future earnings.
• Demonstrates stable financial performance with 2020 sales of $7.1 billion.

Negative

• None.

TOLEDO, Ohio--(BUSINESS WIRE)-- Owens Corning (NYSE: OC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.26 per common share. The dividend will be payable on November 5, 2021, to shareholders of record as of October 22, 2021.

Future dividend declarations will be made at the discretion of the Board of Directors and will be based on such factors as the company’s earnings, financial condition, cash requirements, future prospects and other factors.

About Owens Corning
Owens Corning is a global building and industrial materials leader. The company’s three integrated businesses are dedicated to the manufacture and advancement of a broad range of insulation, roofing and fiberglass composite materials. Leveraging the talents of 19,000 employees in 33 countries, Owens Corning provides innovative products and sustainable solutions that address energy efficiency, product safety, renewable energy, durable infrastructure, and labor productivity. These solutions provide a material difference to the company’s customers and make the world a better place. Based in Toledo, Ohio, USA, the company posted 2020 sales of $7.1 billion. Founded in 1938, it has been a Fortune 500^® company for 67 consecutive years. For more information, please visit www.owenscorning.com.

Owens Corning Company News / Owens Corning Investor Relations News

View source version on businesswire.com: https://www.businesswire.com/news/home/20210916005820/en/

Media Relations: Todd Romain 419.248.7826

Investor Relations: Amber Wohlfarth 419.248.5639

Source: Owens Corning

FAQ

What is the dividend amount declared by Owens Corning (OC)?

Owens Corning has declared a dividend of $0.26 per common share.

When will the dividend for Owens Corning (OC) be paid?

The dividend will be payable on November 5, 2021.

What is the record date for Owens Corning's (OC) dividend?

The record date for the dividend is October 22, 2021.

How often does Owens Corning (OC) declare dividends?

Owens Corning declares dividends quarterly, subject to approval by its Board of Directors.

What factors influence Owens Corning's (OC) future dividend declarations?

Future dividend declarations will be based on earnings, financial condition, cash requirements, and future prospects.