Ashland Inc. (ASH) announced Wednesday morning that its Board of Directors has increased the company's quarterly dividend by more than 50 percent. The Board also authorized a new common stock repurchase program of $600 million.
Ashland spiked to the upside at the open Wednesday and is currently higher by 1.80 at $90.06. The stock is now challenging the highs of the year.
For comments and feedback: editorial@rttnews.com