TOLEDO, Ohio--(BUSINESS WIRE)--
Owens Corning (NYSE: OC) today announced that its Board of Directors has
declared a quarterly cash dividend of $0.22 per common share, a 5%
increase compared with the prior quarter dividend. The dividend will be
payable on January 18, 2019, to shareholders of record as of January 3,
2019.
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 (NYSE: OC) develops, manufactures, and markets insulation,
roofing, and fiberglass composites. Global in scope and human in scale,
the company’s market-leading businesses use their deep expertise in
materials, manufacturing and building science to develop products and
systems that save energy and improve comfort in commercial and
residential buildings. Through its glass reinforcements business, the
company makes thousands of products lighter, stronger and more durable.
Ultimately, Owens Corning people and products make the world a better
place. Based in Toledo, Ohio, Owens Corning posted 2017 sales of $6.4
billion and employs 19,000 people in 37 countries. It has been a Fortune
500® company for 64 consecutive years. For more information,
please visit www.owenscorning.com.
Owens Corning Investor Relations News
View source version on businesswire.com:
https://www.businesswire.com/news/home/20181206005823/en/
Media Inquiries:
Katie Merx
419.248.6496
Investor Inquiries:
Thierry Denis
419.248.5748
Source: Owens Corning