Owens Corning Raises Quarterly Dividend 15% to $0.79 Per Share
Owens Corning (NYSE: OC), a manufacturer of insulation, roofing, and fiberglass composites, raised its quarterly cash dividend to $0.79 per share, marking a 15% increase from the prior payout of $0.6869. The move extends the company's dividend growth streak to 12 consecutive years.
Owens Corning (NYSE: OC), a manufacturer of insulation, roofing, and fiberglass composites, raised its quarterly cash dividend to $0.79 per share, marking a 15% increase from the prior payout of $0.6869. The company's board declared the dividend in December 2025. Read more dividend announcements.
The increase represents the 12th consecutive year of dividend growth for Owens Corning and triples the per share payout compared to five years ago. The company returned $1.0 billion to shareholders in 2025 through cash dividends and share repurchases.
| Dividend Details | Information |
|---|---|
| Amount | $0.79 per share |
| Previous Amount | $0.6869 per share |
| Percentage Increase | 15% |
| Frequency | Quarterly |
| Record Date | Not disclosed |
| Ex-Dividend Date | Not disclosed |
| Payment Date | Not disclosed |
Capital Allocation and Shareholder Returns
Owens Corning paid $232 million in cash dividends during 2025 and repurchased 5.9 million shares for $770 million. The company is committed to returning $2.0 billion of cash to shareholders by the end of 2026.
Over the past five years, Owens Corning has repurchased 29 million shares of common stock for $3.2 billion. At the end of 2025, 12.5 million shares remained available for repurchase under current authorizations.
Financial Performance
The company delivered $1.8 billion in operating cash flow for 2025 with adjusted EBITDA margins above 20% despite weaker market conditions. Executive Vice President and Chief Financial Officer Todd Fister noted the company maintained margins above 20% while navigating challenging end markets.
Owens Corning continues to execute structural cost improvements, including the closure and consolidation of five facilities in 2025 and the sale of a small distribution business. The company is on track to deliver $75 million in structural cost improvements through network optimization and operational efficiencies.