COVINGTON, KY - The Board of Directors of Ashland Inc. has declared a quarterly cash dividend of 15 cents per share on the company's common stock, equivalent to an annual dividend of 60 cents per share.
The dividend is payable March 15, 2011, to shareholders of record at the close of business on Feb. 18, 2011. As of Dec. 31, 2010, there were 79,040,152 shares of Ashland common stock outstanding.