March 22, 2007

Olin and its Dividend

From the Fool:

Olin (NYSE: OLN) is a small-cap materials company that currently yields 4.9%. If you don't think that sounds sustainable, consider that the company has paid a dividend for 80 consecutive years. That's a dividend dynasty on par with the likes of Procter & Gamble (NYSE: PG) and Ingersoll-Rand (NYSE: IR). Moreover, at eight times earnings, it trades at a discount to its industry average.

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