Olin Corporation manufactures and distributes chemical products in the United States, Europe, and internationally. It operates through three segments: Chlor Alkali Products and Vinyls; Epoxy; and Winchester. The Chlor Alkali Products and Vinyls segment offers chlorine and caustic soda, ethylene dichloride and vinyl chloride monomers, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, hydrochloric acid, hydrogen, bleach products, potassium hydroxide, chlorinated organics intermediates and solvents, and sodium hypochlorite. The Epoxy segment provides epoxy materials and precursors, including aromatics, such as acetone, bisphenol, cumene, and phenol, as well as allyl chloride, epichlorohydrin, and glycerin used for the manufacturers of polymers, resins and other plastic materials, and water purification; liquid and solid epoxy resins that are used in adhesives, marines, protective coatings, composites, and flooring; and converted epoxy resins and additives for use in electrical laminates, paints and coatings, wind blades, electronics, and construction. The Winchester segment offers sporting ammunition products, including shotshells, small caliber centerfire, and rimfire ammunition products for hunters and recreational shooters, and law enforcement agencies; small caliber military ammunition products for use in infantry and mounted weapons; and industrial products comprising gauge loads and powder-actuated tool loads for maintenance applications in power and concrete industries, and powder-actuated tools in construction industry. The company markets its products through its sales force, as well as directly to various industrial customers, mass merchants, retailers, wholesalers, other distributors, and the U.S. Government and its prime contractors. Olin Corporation was incorporated in 1892 and is based in Clayton, Missouri.
Olin Dividend Announcement
• Olin announced a quarterly dividend of $0.20 per ordinary share which will be made payable on 2024-12-13. Ex dividend date: 2024-11-14
• Olin annual dividend for 2024 was $0.80
• Olin annual dividend for 2023 was $0.80
• Olin's trailing twelve-month (TTM) dividend yield is 2.14%
• Olin's payout ratio for the trailing twelve months (TTM) is 63.20%
Olin Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-14 | $0.20 | quarterly | 2024-12-13 |
2024-08-08 | $0.20 | quarterly | 2024-09-13 |
2024-05-08 | $0.20 | quarterly | 2024-06-14 |
2024-03-06 | $0.20 | quarterly | 2024-03-15 |
2023-11-08 | $0.20 | quarterly | 2023-12-08 |
2023-08-09 | $0.20 | quarterly | 2023-09-08 |
2023-05-10 | $0.20 | quarterly | 2023-06-09 |
2023-03-03 | $0.20 | quarterly | 2023-03-13 |
2022-11-09 | $0.20 | quarterly | 2022-12-09 |
2022-08-09 | $0.20 | quarterly | 2022-09-09 |
2022-05-09 | $0.20 | quarterly | 2022-06-10 |
2022-03-03 | $0.20 | quarterly | 2022-03-11 |
2021-11-09 | $0.20 | quarterly | 2021-12-10 |
2021-08-09 | $0.20 | quarterly | 2021-09-10 |
2021-05-07 | $0.20 | quarterly | 2021-06-10 |
2021-03-01 | $0.20 | quarterly | 2021-03-10 |
2020-11-09 | $0.20 | quarterly | 2020-12-10 |
2020-08-07 | $0.20 | quarterly | 2020-09-10 |
2020-05-08 | $0.20 | quarterly | 2020-06-10 |
2020-02-07 | $0.20 | quarterly | 2020-03-10 |
2019-11-08 | $0.20 | quarterly | 2019-12-10 |
2019-08-08 | $0.20 | quarterly | 2019-09-10 |
2019-05-09 | $0.20 | quarterly | 2019-06-10 |
2019-02-08 | $0.20 | quarterly | 2019-03-11 |
2018-11-08 | $0.20 | quarterly | 2018-12-10 |
2018-08-09 | $0.20 | quarterly | 2018-09-10 |
2018-05-09 | $0.20 | quarterly | 2018-06-11 |
2018-02-08 | $0.20 | quarterly | 2018-03-09 |
2017-11-09 | $0.20 | quarterly | 2017-12-11 |
2017-08-08 | $0.20 | quarterly | 2017-09-11 |
2017-05-08 | $0.20 | quarterly | 2017-06-09 |
2017-02-08 | $0.20 | quarterly | 2017-03-10 |
2016-11-08 | $0.20 | quarterly | 2016-12-09 |
2016-08-08 | $0.20 | quarterly | 2016-09-09 |
2016-05-06 | $0.20 | quarterly | 2016-06-10 |
2016-02-08 | $0.20 | quarterly | 2016-03-10 |
2015-11-06 | $0.20 | quarterly | 2015-12-10 |
2015-08-06 | $0.20 | quarterly | 2015-09-10 |
2015-05-07 | $0.20 | quarterly | 2015-06-10 |
2015-02-06 | $0.20 | quarterly | 2015-03-10 |
2014-11-06 | $0.20 | quarterly | 2014-12-10 |
2014-08-07 | $0.20 | quarterly | 2014-09-10 |
2014-05-07 | $0.20 | quarterly | 2014-06-10 |
2014-02-06 | $0.20 | quarterly | 2014-03-10 |
2013-11-07 | $0.20 | quarterly | 2013-12-10 |
2013-08-07 | $0.20 | quarterly | 2013-09-10 |
2013-05-08 | $0.20 | quarterly | 2013-06-10 |
2013-02-07 | $0.20 | quarterly | 2013-03-11 |
Olin Dividend per year
Olin Dividend growth
Olin Dividend Yield
Olin current trailing twelve-month (TTM) dividend yield is 2.14%. Interested in purchasing Olin stock? Use our calculator to estimate your expected dividend yield:
Olin Financial Ratios
Olin Dividend FAQ
Other factors to consider when evaluating Olin as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Olin's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Olin publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Olin distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Olin are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Olin sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Olin distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Olin declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Olin's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Olin's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.