Can Owens-Corning Insulate Your Portfolio?
Owens-Corning Dividend Is Well Worth A LookOwens-Corning (NYSE:OC), blue chip stock that it is, has been working on a growth strategy that has the business up 25% versus the pre-pandemic time period. The real takeaway, however, is the company’s cash-generating power, expected improvement in profitability, and the commitment to pay dividends to shareholders and grow the distribution over time. The yield isn’t overly large at 1.7% but it is a safe payout and the growth outlook is robust. Not only is the company aiming to grow its earnings, but to pay out 50% of those earnings compared to the 37%...