Owens Corning (NYSE: OC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.35 per common share, a 35% increase compared with the prior quarterly dividend. The dividend will be payable on January 21, 2022, to shareholders of record as of January 7, 2022. “Owens Corning has delivered outstanding results and continued strong cash flow generation,” said Chair and Chief Executive Officer Brian Chambers. “The dividend increase demonstrates our confidence in the earnings power of the company, as well as our commitment to returning cash to shareholders over time.” Future dividend declarations will be made at the discretion of the Board of Directors and will be based on the company’s earnings, financial condition, cash requirements, future prospects and other factors. About Owens Corning At Owens Corning, our people and products make the world a better place. We are a global building and construction materials leader helping customers win in the market by ...

Company targeting $10 billion in annual revenue by 2024 Owens Corning (NYSE: OC) hosted its 2021 virtual Investor Day today. Members of its senior management team discussed the evolution of the company’s performance and its strategic priorities, along with providing selected three-year financial targets. New Growth Strategy The company’s new enterprise strategy is rooted in its mission of building a sustainable future through material innovation, and significantly expands its current addressable markets by capitalizing on key secular trends to create new opportunities for growth. This strategy is expected to generate stronger, more consistent financial results by: Strengthening the company’s position in core building and construction products; Expanding to provide more multimaterial solutions; and Developing prefabricated building solutions that are more energy efficient, more sustainable, and more cost-effective than those built on-site. This new strategy capitalizes on the strength ...