Ashland Inc (NYSE:ASH) had declared a cash dividend of $0.3900 on Nov 17, 2016. The shares will quote ex-dividend on Nov 29, 2016 and the record date has been fixed for Dec 1, 2016. On Nov 17, 2016 share price, the yield comes out to be 1.4292%. The dividend payable date has been fixed on Dec 15, 2016.
Ashland Inc (ASH) made into the market gainers list on Mondays trading session with the shares advancing 1.65% or 1.8 points. Due to strong positive momentum, the stock ended at $111.12, which is also near the day’s high of $111.27. The stock began the session at $109.26 and the volume stood at 4,56,054 shares. The 52-week high of the shares is $125 and the 52 week low is $88.3. The company has a current market capitalization of $6,901 M and it has 6,21,00,839 shares in outstanding.
Ashland Inc(ASH) last announced its earnings results on Nov 8, 2016 for Fiscal Year 2016 and Q4.Company reported revenue of $1.25B. Analysts had an estimated revenue of $1.25B. Earnings per share were $1.52. The reported EPS was above estimates by $0.13 or NaN%. Analysts had estimated an EPS of $1.65.
Several Insider Transactions has been reported to the SEC. On Nov 16, 2016, J Kevin Willis (Chief Financial Officer) sold 1,555 shares at $106.84 per share price.Also, On Sep 6, 2016, Peter Ganz (Senior Vice President) sold 800 shares at $116.98 per share price.On Jul 19, 2016, Anne T. Schumann (Vice President) sold 496 shares at $121.61 per share price, according to the Form-4 filing with the securities and exchange commission.
Ashland Inc. (Ashland) is a specialty chemical company that provides products services and solutions to industries. The Companys segments are: Ashland Specialty Ingredients offers products technologies and resources in key markets including personal and home care pharmaceutical food and beverage coatings construction energy and other industries; Ashland Water Technologies is a supplier of specialty chemicals and services to the pulp paper mining food and beverage power generation refining chemical processing general manufacturing and municipal markets. Ashland Performance Materials helps customers to create substitutes for traditional materials through higher performing cost-efficient resin and adhesive technologies that improve the manufacturing fabrication and design process and Ashland Consumer Markets delivers premium-branded automotive commercial and industrial lubricants automotive chemicals and car-care products.