The board of directors of Ashland Inc declared the regular quarterly cash dividend of 27.5 cents per share on the company's common stock (listed on the New York and Chicago stock exchanges), equivalent to an annual dividend of $1.10 per share.
This dividend will be payable on June 15, 2006, to shareholders of record at the close of business on May 30, 2006. As of April 30, 2006, there were 71,063,910 shares outstanding.
Ashland Inc is a FORTUNE 500 chemical and transportation construction company providing products, services and customer solutions throughout the world.
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