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There's A Lot To Like About Owens Corning's (NYSE:OC) Upcoming US$0.52 Dividend![img](/img/external-link.svg)
Owens Corning is about to trade ex-dividend in the next 4 days. The company's next dividend payment will be US$0.52 per share, and in the last 12 months, the company paid a total of US$2.08 per share. Last year's total dividend payments show that Owens Corning has a trailing yield of 1.6% on the current share price of $132.4.
Owens Corning: Q2 Earnings Snapshot![img](/img/external-link.svg)
Owens Corning (OC) on Wednesday reported second-quarter earnings of $345 million. The results topped Wall Street expectations. The construction materials company posted revenue of $2.56 billion in the period.
Is Owens Corning's (NYSE:OC) Latest Stock Performance A Reflection Of Its Financial Health?![img](/img/external-link.svg)
Owens Corning's (NYSE:OC) stock increased significantly by 30% over the past three months. Given the company's impressive performance, we decided to study its financial indicators more closely as a company's financial health over the long-term usually dictates market outcomes. We found that the ROE for Owens Corning is 27%, based on the trailing twelve months to March 2023. For every $1 of its shareholder's investments, the company generates a profit of $0.27. We like that the company is reinvesting a huge chunk of its profits at a high rate of return.
Owens Corning: Q1 Earnings Snapshot![img](/img/external-link.svg)
Owens Corning (OC) on Wednesday reported first-quarter profit of $383 million. The Toledo, Ohio-based company said it had net income of $4.17 per share. Earnings, adjusted for non-recurring gains, were $2.77 per cent.
Owens Corning: Q1 Earnings Snapshot![img](/img/external-link.svg)
Owens Corning (OC) on Wednesday reported first-quarter profit of $383 million. The Toledo, Ohio-based company said it had net income of $4.17 per share. Earnings, adjusted for non-recurring gains, were $2.77 per cent.
Industrial Insulation Global Market Report 2023![img](/img/external-link.svg)
The industrial insulation market is expected to grow to $6.03 billion in 2027 at a CAGR of 6.7%. Owens Corning, Compagnie de Saint-Gobain S.A., Knauf Insulation, Kingspan Group PLC, Armacell International SA, Johns Manville, Nichias Corporation, Insulcon BV.
Building Insulation Materials Global Market Report 2023![img](/img/external-link.svg)
The global building insulation materials market grew from $25 billion in 2022 to $26.12 billion in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. Owens Corning, a US-based developer, and producer of insulation, roofing, and fiberglass composites acquired Vliepa GmbH for an amount of $40 million.
Owens Corning: Q4 Earnings Snapshot![img](/img/external-link.svg)
Owens Corning (OC) on Wednesday reported fourth-quarter profit of $124 million. On a per-share basis, the Toledo, Ohio-based company said it had net income of $1.32. Revenue of $2.29 billion in the period also topped Street forecasts.
Owens Corning: Q4 Earnings Snapshot![img](/img/external-link.svg)
Owens Corning (OC) on Wednesday reported fourth-quarter profit of $124 million. On a per-share basis, the Toledo, Ohio-based company earned $1.02.
Here's What We Like About Owens Corning's (NYSE:OC) Upcoming Dividend![img](/img/external-link.svg)
The company's next dividend payment will be US$0.52 per share, on the back of last year when the company paid a total of US$2.08 to shareholders. Based on the last year's worth of payments, Owens Corning stock has a trailing yield of around 2.1% on the current share price of $97.84. The ex-dividend date is important as the process of settlement involves two full business days.
Cheap Family Fun, And A Deal With The Devil, In Borger, TX![img](/img/external-link.svg)
Owens Corning to furlough 200 employees following December incident. Bull Spotted Walking The Streets Of Borger, Texas.
Owens Corning: Q4 Earnings Snapshot![img](/img/external-link.svg)
Owens Corning (OC) on Wednesday reported fourth-quarter profit of $124 million. On a per-share basis, the Toledo, Ohio-based company said it had net income of $1.32.
Owens Corning: Q4 Earnings Snapshot![img](/img/external-link.svg)
Owens Corning (OC) on Wednesday reported fourth-quarter profit of $124 million. On a per-share basis, the Toledo, Ohio-based company said it had net income of $1.32. Earnings, adjusted for pretax expenses, came to $2.49 per share.
Owens Corning: Q4 Earnings Snapshot![img](/img/external-link.svg)
Owens Corning (OC) on Wednesday reported fourth-quarter profit of $124 million. On a per-share basis, the Toledo, Ohio-based company said it had net income of $1.32. Revenue of $2.29 billion in the period also topped Street forecasts.
Owens Corning announces first quarter dividend of $0.52 per share![img](/img/external-link.svg)
The board of directors of Owens Corning (NYSE: OC) Thursday announced a quarterly cash dividend of $0.52 per common share. The Toledo-based company is a global manufacturer of insulation and fiber-glass products.
Under The Bonnet, Owens Corning's (NYSE:OC) Returns Look Impressive![img](/img/external-link.svg)
Owens Corning's (NYSE:OC) return on capital employed (ROCE) is 20%. That's a fantastic return and not only that, it outpaces the average of 14% earned by companies in a similar industry. The ROCE of Owens Corning has risen by 87% over the last five years. It's worth exploring what management has said about growth plans going forward.