Owens-Corning (Owens-Corning) Dividend Payout Ratio

: 0.35 (As of Dec. 2023)

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Owens-Corning's dividend payout ratio for the months ended in Dec. 2023 was 0.35.

The historical rank and industry rank for Owens-Corning's Dividend Payout Ratio or its related term are showing as below:

OC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.22 Max: 0.35
Current: 0.16

During the past 13 years, the highest Dividend Payout Ratio of Owens-Corning was 0.35. The lowest was 0.12. And the median was 0.22.

OC's Dividend Payout Ratio is ranked better than
83.37% of 830 companies
in the Construction industry
Industry Median: 0.34 vs OC: 0.16

As of today (2024-04-19), the Dividend Yield % of Owens-Corning is 1.42%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Owens-Corning was 2.89%. The lowest was 0.37%. And the median was 1.36%.

Owens-Corning's Dividends per Share for the months ended in Dec. 2023 was $1.12.

During the past 12 months, Owens-Corning's average Dividends Per Share Growth Rate was 37.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 30.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 20.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Owens-Corning was 30.10% per year. The lowest was 6.60% per year. And the median was 8.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Owens-Corning Dividend Payout Ratio Historical Data

The historical data trend for Owens-Corning's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Owens-Corning Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.23

0.35

0.12

0.19

Owens-Corning Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.35	0.20	-	0.13	0.35

Competitive Comparison

For the Building Products & Equipment subindustry, Owens-Corning's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Owens-Corning Dividend Payout Ratio Distribution

For the Construction industry and Industrials sector, Owens-Corning's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Owens-Corning's Dividend Payout Ratio falls into.

Owens-Corning Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Owens-Corning's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.16	/	11.582
	=	0.19

Owens-Corning's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	1.12	/	3.21
	=	0.35

Owens-Corning (NYSE:OC) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Owens-Corning Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Owens-Corning's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Owens-Corning (Owens-Corning) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Owens-Corning Inc (NYSE:OC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

O5Q:Germany

Address

One Owens Corning Parkway, Toledo, OH, USA, 43659

Website

https://www.owenscorning.com

Owens-Corning Inc is a manufacturer of glass fiber utilized in composites and building materials. It has an integrated business model with three reportable segments: Composites, Insulation, and Roofing. The company generates maximum revenue from the Insulation segment. Its Insulation segment manufactures and sells thermal and acoustical batts, loosefill insulation, spray foam insulation, foam sheathing, and accessories. It also manufactures and sells glass fiber pipe insulation, energy efficient flexible duct media, bonded and granulated mineral wool insulation, cellular glass insulation, and foam insulation used in above- and below-grade construction applications.

Executives

Marcio A Sandri	officer: President, Composites	ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Mari Doerfler	officer: Vice President and Controller	ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
W Howard Morris	director	1538 STRATHCONA, DETROIT MI 48203
Monaco Nicolas Del	officer: President, Insulation	ONE OWENS CORNING PKWY, TOLEDO OH 43659
Todd W Fister	officer: President, Insulation	ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Gunner Smith	officer: President, Roofing	ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Paula Russell	officer: SVP, Chief HR Officer	ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Jose Mendez-andino	officer: EVP, Chief R&D Officer	ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Kelly Schmidt	officer: Vice President and Controller	ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Brian Chambers	officer: President, Roofing and Asphalt	ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Daniel T Smith	officer: Sr. VP Organization & Admin	OWENS CORNING, ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Gina A. Beredo	officer: EVP, GC and Secretary	C/O OWENS CORNING, ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Paul Edward Martin	director	C/O UNISYS CORPORATION, 801 LAKEVIEW DRIVE, SUITE 100, BLUE BELL PA 19422
Alfred E Festa	director
Kenneth Scott Parks	officer: Sr. VP&Chief Financial Officer	ONE OWENS CORNING PARKWAY, TOLEDO OH 43659