Ashland Increases Quarterly Dividend

Ashland has announced a quarterly dividend increase of 29%, to 22.5 cts/share effective June 15. Ashland's annual dividend has tripled since 2009, the company says. “This dividend increase reflects the board’s continued confidence in the strategic direction of the company, as well our ability to generate cash and deliver strong financial performance for shareholders,” says James O’Brien, Ashland chairman and...

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