Investor Alert

New York Markets Close in:

Dow Jones Newswires Archives | Email alerts

Dec. 2, 2021, 4:48 p.m. EST

Owens Corning Raises Dividend to 35c >OC

Watchlist Relevance

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

or Cancel Already have a watchlist? Log In

Owens Corning is raising its quarterly dividend to 35 cents a share, citing the company's financial performance thus far and cash flow generation.

The new dividend will be payable on Jan. 21 to shareholders of record as of Jan. 7.

For the first nine months of the year, the company has reported a profit of $768 million on $7.37 billion in net sales, compared with a year-earlier loss of $615 million and $5.13 billion in sales.

Company officials said Owens Corning generated $1.2 billion of operating cash flow and $925 million of free cash flow for the first nine months of the year.

Write to Maria Armental at maria.armental@wsj.com

Get news alerts on Owens Corning — or create your own.
This Story has 0 Comments
Be the first to comment
More News In
Dow Jones Newswires

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.