Owens Corning manufactures and markets insulation, roofing, and fiberglass composite materials in the United States, Canada, Europe, the Asia Pacific, and internationally. It operates in three segments: Composites, Insulation, and Roofing. The Composites segment manufactures, fabricates, and sells glass reinforcements in the form of fiber; and glass fiber products in the form of fabrics, non-wovens, and other specialized products. Its products are used in building structures, roofing shingles, tubs and showers, pools, flooring, pipes and tanks, poles, electrical equipment, and wind-energy turbine blades applications in the building and construction, renewable energy, and infrastructure markets. This segment sells its products directly to parts molders, fabricators, and shingle manufacturers. The Insulation segment manufactures and sells insulation products for residential, commercial, industrial, and other markets for thermal and acoustical applications; and glass fiber pipe insulation, flexible duct media, bonded and granulated mineral fiber insulation, cellular glass insulation, and foam insulation products used in construction applications. This segment sells its products primarily to the insulation installers, home centers, lumberyards, retailers, and distributors under the Thermafiber, FOAMULAR, FOAMGLAS, Paroc, Owens Corning PINK, and FIBERGLAS Insulation brand names. The Roofing segment manufactures and sells aminate and strip asphalt roofing shingles, oxidized asphalt materials, and roofing components used in residential and commercial construction, and specialty applications, as well as synthetic packaging materials. This segment sells its products through distributors, home centers, lumberyards, retailers, and contractors, as well as to roofing contractors for built-up roofing asphalt systems; and manufacturers in automotive, chemical, rubber, and construction industries. Owens Corning was incorporated in 1938 and is headquartered in Toledo, Ohio.
Owens Corning Dividend Announcement
• Owens Corning announced a quarterly dividend of $0.60 per ordinary share which will be made payable on 2024-11-04. Ex dividend date: 2024-10-18
• Owens Corning annual dividend for 2024 was $2.40
• Owens Corning annual dividend for 2023 was $2.08
• Owens Corning's trailing twelve-month (TTM) dividend yield is 1.6%
• Owens Corning's payout ratio for the trailing twelve months (TTM) is 19.50%
• Owens Corning's dividend growth over the last five years (2018-2023) was 26.98% year
Owens Corning Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-10-18 | $0.60 | quarterly | 2024-11-04 |
| 2024-07-15 | $0.60 | quarterly | 2024-08-02 |
| 2024-03-04 | $0.60 | quarterly | 2024-04-04 |
| 2024-01-05 | $0.60 | quarterly | 2024-01-19 |
| 2023-10-13 | $0.52 | quarterly | 2023-11-03 |
| 2023-07-14 | $0.52 | quarterly | 2023-08-04 |
| 2023-03-02 | $0.52 | quarterly | 2023-04-06 |
| 2023-01-03 | $0.52 | quarterly | 2023-01-19 |
| 2022-10-14 | $0.35 | quarterly | 2022-11-03 |
| 2022-07-15 | $0.35 | quarterly | 2022-08-04 |
| 2022-03-03 | $0.35 | quarterly | 2022-04-07 |
| 2022-01-06 | $0.35 | quarterly | 2022-01-21 |
| 2021-10-21 | $0.26 | quarterly | 2021-11-05 |
| 2021-07-15 | $0.26 | quarterly | 2021-08-06 |
| 2021-03-04 | $0.26 | quarterly | 2021-04-02 |
| 2021-01-07 | $0.26 | quarterly | 2021-01-22 |
| 2020-10-19 | $0.24 | quarterly | 2020-11-06 |
| 2020-07-15 | $0.24 | quarterly | 2020-08-07 |
| 2020-03-05 | $0.24 | quarterly | 2020-04-03 |
| 2020-01-02 | $0.24 | quarterly | 2020-01-17 |
| 2019-10-11 | $0.22 | quarterly | 2019-11-04 |
| 2019-07-15 | $0.22 | quarterly | 2019-08-02 |
| 2019-03-07 | $0.22 | quarterly | 2019-04-02 |
| 2019-01-02 | $0.22 | quarterly | 2019-01-18 |
| 2018-10-15 | $0.21 | quarterly | 2018-11-02 |
| 2018-07-16 | $0.21 | quarterly | 2018-08-02 |
| 2018-03-08 | $0.21 | quarterly | 2018-04-03 |
| 2017-12-29 | $0.21 | quarterly | 2018-01-17 |
| 2017-10-13 | $0.20 | quarterly | 2017-11-02 |
| 2017-07-13 | $0.20 | quarterly | 2017-08-02 |
| 2017-03-08 | $0.20 | quarterly | 2017-04-03 |
| 2016-12-29 | $0.20 | quarterly | 2017-01-18 |
| 2016-10-13 | $0.18 | quarterly | 2016-11-02 |
| 2016-07-14 | $0.18 | quarterly | 2016-08-02 |
| 2016-03-09 | $0.18 | quarterly | 2016-04-04 |
| 2015-12-30 | $0.17 | quarterly | 2016-01-19 |
| 2015-10-15 | $0.17 | quarterly | 2015-11-03 |
| 2015-07-16 | $0.17 | quarterly | 2015-08-04 |
| 2015-03-11 | $0.17 | quarterly | 2015-04-02 |
| 2014-12-31 | $0.16 | quarterly | 2015-01-20 |
| 2014-10-16 | $0.16 | quarterly | 2014-11-04 |
| 2014-07-10 | $0.16 | quarterly | 2014-07-29 |
| 2014-03-12 | $0.16 | quarterly | 2014-04-03 |
Owens Corning Dividend per year
Owens Corning Dividend growth
Owens Corning Dividend Yield
Owens Corning current trailing twelve-month (TTM) dividend yield is 1.6%. Interested in purchasing Owens Corning stock? Use our calculator to estimate your expected dividend yield:
Owens Corning Financial Ratios
P/E ratio15.74
PEG ratio0.16
P/B ratio2.90
ROE19.28%
Payout ratio19.50%
Current ratio1.44
Quick ratio0.85
Cash Ratio0.19
Owens Corning Dividend FAQ
How much is the next Owens Corning dividend?
Owens Corning's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Owens Corning dividend. The next Owens Corning dividend will be released in January, March, July, or October.
When is Owens Corning dividend paid?
Owens Corning pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, March, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Owens Corning pay?
The specific amount of Owens Corning dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Owens Corning's dividend history.
Does Owens Corning stock pay dividends?
Yes, Owens Corning does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Owens Corning's dividend history.
How much dividend does Owens Corning pay?
Owens Corning paid $2.4 in 2024, $2.08 in 2023, $1.4 in 2022, $1.04 in 2021, and $0.96 in 2020.
How often does Owens Corning pay dividends?
Owens Corning typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, March, July, and October.
What is Owens Corning's dividend yield?
The current dividend yield for Owens Corning is 1.6%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Owens Corning's exact dividend yield.
When does Owens Corning go ex dividend?
Owens Corning's ex-dividend date for the latest dividend was on 2024-10-18. Owens Corning typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Owens Corning dividend paid?
Owens Corning pays dividends on a quarterly basis, typically around January, March, July, or October, but the exact dates can vary each year.
Will Owens Corning increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Owens Corning will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Owens Corning dividend per share?
Owens Corning paid $2.4 per share in 2024 and $2.08 per share in 2023. The amount of dividend per share that Owens Corning pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Owens Corning a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Owens Corning a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Owens Corning a dividend stock?
Yes, Owens Corning is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Owens Corning a good dividend stock?
Whether Owens Corning is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Owens Corning has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Owens Corning 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.
Other factors to consider when evaluating Owens Corning 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.
Does Owens Corning pay dividends monthly?
Owens Corning typically pays dividends on a quarterly basis.
Does Owens Corning pay dividends quarterly?
Owens Corning currently pays dividends on a quarterly basis.
Has Owens Corning ever paid a dividend?
Yes, Owens Corning has a history of paying dividends to its shareholders. Owens Corning is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Owens Corning dividend stocks?
To buy Owens Corning you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Owens Corning stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Owens Corning stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Owens Corning pay dividends 2024?
Owens Corning pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-04. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Owens Corning increase its dividend in 2024?
Decisions regarding Owens Corning dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Owens Corning dividend overview you can look into the above table of dividend history.
How Owens Corning dividend works?
The Owens Corning dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Owens Corning's dividend process works:
1. Determination of Dividend: Owens Corning'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, Owens Corning 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, Owens Corning 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 Owens Corning 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. Determination of Dividend: Owens Corning'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, Owens Corning 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, Owens Corning 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 Owens Corning 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.
How are Owens Corning dividends paid?
Owens Corning dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Owens Corning 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, Owens Corning distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Owens Corning 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.
1. Record Date: Owens Corning 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, Owens Corning distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Owens Corning 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.
How many times does Owens Corning pay dividends?
Owens Corning typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Owens Corning pay dividends?
The general pattern is that Owens Corning pays dividends around January, March, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Owens Corning dividend safe?
The safety of Owens Corning's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Owens Corning'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 Owens Corning'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.
To assess the safety of Owens Corning'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 Owens Corning'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.