{"id":49714,"date":"2017-12-07T16:30:00","date_gmt":"2017-12-07T21:30:00","guid":{"rendered":"https:\/\/www.constructionspecifier.com\/?p=49714"},"modified":"2017-12-08T09:15:13","modified_gmt":"2017-12-08T14:15:13","slug":"owens-corning-declares-fourth-quarter-2017-dividend","status":"publish","type":"post","link":"https:\/\/www.constructionspecifier.com\/owens-corning-declares-fourth-quarter-2017-dividend\/","title":{"rendered":"Owens Corning Declares Fourth-Quarter 2017 Dividend"},"content":{"rendered":"<p class=\"bwalignc\">Board of Directors Approves Increase in Quarterly Cash Dividend to $0.21 per Share<\/p>\n<p>TOLEDO, Ohio&#8211;(BUSINESS WIRE)&#8211;Owens Corning (NYSE: OC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.21 per common share, a 5% increase compared with the prior quarterly dividend. The dividend will be payable on January 17, 2018, to shareholders of record as of January 2, 2018.<\/p>\n<p>&#8220;We\u2019re pleased to demonstrate our commitment to shareholder value and our confidence in the company\u2019s earnings and cash generation outlook through another dividend increase,\u201d said Chairman and Chief Executive Officer Mike Thaman.<\/p>\n<p>Future dividend declarations will be made at the discretion of the Board of Directors and will be based on such factors as the company&#8217;s earnings, financial condition, cash requirements, future prospects and other factors.<\/p>\n<p><span class=\"bwuline\"><b>About Owens Corning<\/b><\/span><\/p>\n<p>Owens Corning (NYSE: OC) develops, manufactures and markets insulation, roofing and fiberglass composites. Global in scope and human in scale, the company\u2019s market-leading businesses use their deep expertise in materials, manufacturing and building science to develop products and systems that save energy and improve comfort in commercial and residential buildings. Through its glass reinforcements business, the company makes thousands of products lighter, stronger and more durable. Ultimately, Owens Corning people and products make the world a better place. Based in Toledo, Ohio, Owens Corning posted 2016 sales of $5.7 billion and employs about 17,000 people in 33 countries. It has been a Fortune 500\u00ae company for 63 consecutive years. For more information, please visit <a href=\"http:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.owenscorning.com&amp;esheet=51726944&amp;newsitemid=20171207006177&amp;lan=en-US&amp;anchor=www.owenscorning.com&amp;index=1&amp;md5=21bb4fdc8d6bc5a96f927537d5b54752\" target=\"_blank\" rel=\"nofollow noopener\">www.owenscorning.com<\/a>.<\/p>\n<p><i>Owens Corning Investor Relations News<\/i><\/p>\n<p><b>Contacts<\/b><\/p>\n<p>Owens Corning<br \/>\nMedia Inquiries:<br \/>\nChuck Hartlage, 419-248-5395<br \/>\nor<br \/>\nInvestor Inquiries:<br \/>\nThierry Denis, 419-248-5748<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Board of Directors Approves Increase in Quarterly Cash Dividend to $0.21 per Share TOLEDO, Ohio&#8211;(BUSINESS WIRE)&#8211;Owens Corning (NYSE: OC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.21 per common share, a 5% increase compared with the prior quarterly dividend. The dividend will be payable on January 17, 2018,&hellip; <a class=\"more-link\" href=\"https:\/\/www.constructionspecifier.com\/owens-corning-declares-fourth-quarter-2017-dividend\/\">Continue reading <span class=\"screen-reader-text\">Owens Corning Declares Fourth-Quarter 2017 Dividend<\/span><\/a><\/p>\n","protected":false},"author":1838,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1029],"tags":[],"class_list":["post-49714","post","type-post","status-publish","format-standard","hentry","category-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Owens Corning Declares Fourth-Quarter 2017 Dividend - The Construction Specifier<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.constructionspecifier.com\/owens-corning-declares-fourth-quarter-2017-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Owens Corning Declares Fourth-Quarter 2017 Dividend - The Construction Specifier\" \/>\n<meta property=\"og:description\" content=\"Board of Directors Approves Increase in Quarterly Cash Dividend to $0.21 per Share TOLEDO, Ohio&#8211;(BUSINESS WIRE)&#8211;Owens Corning (NYSE: OC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.21 per common share, a 5% increase compared with the prior quarterly dividend. 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