Reminder - Owens Corning (OC) Goes Ex-Dividend Soon
Looking at the universe of stocks we cover at Dividend Channel, on 7/15/22, Owens Corning (Symbol: OC) will trade ex-dividend, for its quarterly dividend of $0.35, payable on 8/4/22. As a percentage of OC's recent stock price of $79.86, this dividend works out to approximately 0.44%.
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from OC is likely to continue, and whether the current estimated yield of 1.75% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of OC shares, versus its 200 day moving average:
Looking at the chart above, OC's low point in its 52 week range is $72.97 per share, with $101.12 as the 52 week high point — that compares with a last trade of $80.49.
In Wednesday trading, Owens Corning shares are currently off about 2.3% on the day.
