Owens Corning's most recent quarterly dividend was on Mar 1, 2024 (ex-date) with a cash dividend payment of $0.6 per share. On an annualized basis, the company has a current payout of $2.24 per share. This brings the dividend yield to 1.38% based on its recent close price.
OC has a dividend yield of 1.38% which is higher than the industry average but lower than the Industrials sector and its peers average. But in comparison with the Industrials sector average of 1.43%, Owens Corning's dividend yield is only 3.5% lower. The current dividend yield is lower than the historical average of 1.5% of the last 5 years.
Owens Corning has been paying dividends since 2014. OC has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 29% for the last year. But since the stock price has gone up by 64% from a year ago, the dividend yield has decreased by 21%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 1, 2024 | Apr 4, 2024 | Feb 1, 2024 | $0.6 | normal |
| Jan 5, 2024 | Jan 19, 2024 | Dec 7, 2023 | $0.6 | normal |
| Oct 13, 2023 | Nov 3, 2023 | Sep 14, 2023 | $0.52 | normal |
| Jul 14, 2023 | Aug 4, 2023 | Jun 15, 2023 | $0.52 | normal |
| Mar 2, 2023 | Apr 6, 2023 | Feb 2, 2023 | $0.52 | normal |
| Jan 3, 2023 | Jan 19, 2023 | Dec 2, 2022 | $0.52 | normal |
| Oct 14, 2022 | Nov 3, 2022 | Sep 15, 2022 | $0.35 | normal |
| Jul 15, 2022 | Aug 4, 2022 | Jun 16, 2022 | $0.35 | normal |
| Mar 3, 2022 | Apr 7, 2022 | Feb 3, 2022 | $0.35 | normal |
| Jan 6, 2022 | Jan 21, 2022 | Dec 2, 2021 | $0.35 | normal |
| Oct 21, 2021 | Nov 5, 2021 | Sep 16, 2021 | $0.26 | normal |
| Jul 15, 2021 | Aug 6, 2021 | Jun 17, 2021 | $0.26 | normal |
| Mar 4, 2021 | Apr 2, 2021 | Feb 4, 2021 | $0.26 | normal |
| Jan 7, 2021 | Jan 22, 2021 | Dec 3, 2020 | $0.26 | normal |
| Oct 19, 2020 | Nov 6, 2020 | Sep 17, 2020 | $0.24 | normal |
| Jul 15, 2020 | Aug 7, 2020 | Jun 18, 2020 | $0.24 | normal |
| Mar 5, 2020 | Apr 3, 2020 | Feb 6, 2020 | $0.24 | normal |
| Jan 2, 2020 | Jan 17, 2020 | Dec 5, 2019 | $0.24 | normal |
| Oct 11, 2019 | Nov 4, 2019 | Sep 19, 2019 | $0.22 | normal |
| Jul 15, 2019 | Aug 2, 2019 | Jun 20, 2019 | $0.22 | normal |
| Mar 7, 2019 | Apr 2, 2019 | Feb 7, 2019 | $0.22 | normal |
| Jan 2, 2019 | Jan 18, 2019 | Dec 6, 2018 | $0.22 | normal |
| Oct 15, 2018 | Nov 2, 2018 | Sep 20, 2018 | $0.21 | normal |
| Jul 16, 2018 | Aug 2, 2018 | Jun 21, 2018 | $0.21 | normal |
| Mar 8, 2018 | Apr 3, 2018 | Feb 1, 2018 | $0.21 | normal |
| Dec 29, 2017 | Jan 17, 2018 | Dec 7, 2017 | $0.21 | normal |
| Oct 13, 2017 | Nov 2, 2017 | Sep 21, 2017 | $0.2 | normal |
| Jul 13, 2017 | Aug 2, 2017 | Jun 15, 2017 | $0.2 | normal |
| Mar 8, 2017 | Apr 3, 2017 | Feb 3, 2017 | $0.2 | normal |
| Dec 29, 2016 | Jan 18, 2017 | Dec 2, 2016 | $0.2 | normal |
| Oct 13, 2016 | Nov 2, 2016 | Sep 16, 2016 | $0.18 | normal |
| Jul 14, 2016 | Aug 2, 2016 | Jun 16, 2016 | $0.18 | normal |
| Mar 9, 2016 | Apr 4, 2016 | Feb 4, 2016 | $0.18 | normal |
| Dec 30, 2015 | Jan 19, 2016 | Dec 4, 2015 | $0.17 | normal |
OC has a payout ratio of 16.9% which is lower than the Industrials sector, the industry and its peers average. In comparison with the Industrials sector average of 30.2%, Owens Corning's payout ratio is 44% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| DOW Dow Inc | 4.96% | $2.8 | 341.5% |
| GLW Corning Inc | 3.62% | $1.12 | 162.3% |
| PATK Patrick Industries Inc | 1.95% | $2 | 30.1% |
| PPG Ppg Industries Inc | 1.9% | $2.57 | 47.8% |
| MAS Masco Corp | 1.59% | $1.15 | 28.4% |
| OC Owens Corning | 1.4% | $2.24 | 16.9% |
| LPX Louisiana-Pacific Corp | 1.36% | $0.98 | 39.7% |
Yes, Owens Corning has paid four dividends in the last 12 months. OC has been paying dividends since 2014.
OC hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in June 2024.
Owens Corning's last regular dividend was on Mar 1, 2024 (ex-date) with the amount of $0.6 per share.
On an annual basis OC pays $2.24 per share.
Currently Owens Corning's dividend yield is 1.38%.
Owens Corning pays four dividends per year.
Owens Corning's dividend payout ratio is 16.9%.
Owens Corning's dividend yield is in line with the Industrials sector average.