|Bid||13.61 x 3000|
|Ask||32.12 x 2200|
|Day's Range||31.98 - 32.05|
|52 Week Range||26.26 - 32.42|
|PE Ratio (TTM)||330.10|
|Beta (3Y Monthly)||0.89|
|Expense Ratio (net)||0.39%|
ATLANTA , March 11, 2019 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ) today announced it will change the fund names, underlying indexes and tickers for certain funds in its ETF product line as part of its ...
Chemical Companies: Key Updates Last Week(Continued from Prior Part)Ashland declares a quarterly dividendOn January 31, Ashland (ASH) announced its regular cash dividend to its shareholders. Ashland announced a quarterly dividend of $0.25 per
On December 3, Ashland (ASH) announced that it completed the expansion of Natrosol HEC (hydroxyethylcellulose) in Nanjing, China. The plant expansion caused the site output to increase 30%. The expansion will likely give Ashland an advantage over its cost of production.
On September 21, Ashland (ASH) announced that it will increase the prices for its PureRad products. The prices will increase 6%. The price increase is expected to be effective on October 5. The price increase will likely impact North America.
On September 4, 2018, Ashland (ASH) inaugurated its new composites research and development technical center in Jinling Valley, Shanghai. The R&D center is expected to strengthen ASH’s position in the region and is expected to act as Asia-Pacific’s technical center of ASH’s composite segment. The center is approximately 1,500 square meters and will have 20 scientists and engineers.
On August 16, Ashland announced that it will increase the prices of its composite portfolio across the EMEA (Europe, Middle East, and Africa) region. The prices will increase by 100 euros effective on September 1 or as the contract allows.
On June 21, Ashland (ASH) announced a new composites distributor for France. VELOX is expected to replace Quimidroga, which previously managed the composites distribution. This change is expected to be effective on July 1.
On May 24, Ashland (ASH) announced that it will increase maleic anhydride prices by $0.06 per pound. The price increase will be effective on June 7 or as the contract allows. The price increase will likely impact the North American region.
ASH’s dividend yield has been sliding for the past six quarters. In comparison, its peers Eastman Chemical (EMN), Olin Corporation (OLN), and Westlake Chemical have dividend yields of 2.1%, 2.4%, and 0.7%, respectively. A dividend yield measures how much cash investors get in return for every dollar they invest in a company’s equity apart from possible capital gains.