Board of directors of Covington based chemical and transportation Construction Company Ashland Inc declared the regular quarterly dividend of 27.5 cents per common share on the company's stock, equivalent to an annual dividend of $1.10 per share.
This dividend will be payable on December 15, 2005, to shareholders of record at the close of business on November 21, 2005. As of September 30, 2005, there were 72,865,645 shares outstanding.
Ashland Inc is a chemical and transportation construction company providing innovative products, services and solutions.
A Fortune 500 company, Ashland has sales and operations throughout the United States and in more than 120 countries around the world. Their operations include four wholly owned divisions: Ashland Paving And Construction (APAC), Ashland Distribution, Ashland Specialty Chemical and Valvoline.
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