The specialty chemicals firm maintains its dividend at $0.42 per share for the second consecutive quarter, yielding 2.2%.
Ashland announced a $0.42 per share quarterly dividend, consistent with its previous payout. The dividend yields 2.2% based on current share prices.
The company has now paid $0.42 per share for two straight quarters, signaling stability in its dividend policy. The payout will be distributed on September 15 to shareholders of record as of September 1.
No immediate market reaction was reported following the announcement.