
Owens Corning
OCIndustrials · Building Products & Equipment · Stock · quarterly payer
Forward Yield
2.80%
Annual Dividend
$3.06
Payout Ratio
104%
5-Yr Growth
23.5%
Ex-Date
Oct 19, 2026
Frequency
Quarterly
Key facts about OC's dividend
Data as of · Source: SmarterDividends data
- As of Oct 15, 2026, Owens Corning (OC) has a forward dividend yield of 2.80%, based on an annual dividend of $3.06 per share and a share price of $111.26.
- As of Oct 15, 2026, OC's dividend safety grade from SmarterDividends is B (75 out of 100), which rates the dividend as safe.
- By SmarterDividends' count, Owens Corning (OC) has raised its dividend for 11 consecutive years as of Oct 15, 2026.
- OC has never cut its regular dividend in the payment history SmarterDividends has on record.
- OC's next ex-dividend date is Oct 19, 2026, with payment on Nov 5, 2026. Shares must be owned before that date to receive the dividend.
- As of Oct 15, 2026, OC pays out 104% of its trailing 12-month earnings as dividends (its payout ratio).
- OC's dividend has grown at an average rate of 23.5% a year over the past five years.
- As of Oct 15, 2026, OC's 2.80% yield is 79% above its five-year average yield of 1.56%.
- As of Oct 15, 2026, SmarterDividends' blended fair-value estimate for OC is $83.90 per share, 25% below the $111.26 share price, so OC screens as overvalued.
- Owens Corning (OC) pays its dividend quarterly, 4 times a year.
Cite this page
SmarterDividends, "OC Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 15, 2026, https://smarterdividends.com/stocks/OC
Summary
As of Oct 15, 2026, Owens Corning (OC) yields 2.80% ($3.06 a year per share), has a dividend safety grade of B (75/100) and has 11 consecutive years of dividend increases on record.
Is OC a good dividend stock?
YesOwens Corning (OC) pays a quarterly dividend yielding 2.80% ($3.06/yr), with 11 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 11 consecutive years of dividend growth
- Never cut its dividend on record
- Strong 23.5% 5-yr dividend growth
Risks
- Elevated payout ratio (104%)
Key Data
- Dividend Yield
- 2.80%
- Payout Ratio
- 104%
- Annual Dividend
- $3.06
- 5-Yr Avg Growth
- 23.5%
- Ex-Dividend Date
- Oct 19, 2026
- Years of Growth
- 11
- Frequency
- quarterly
- Beta
- 1.32
- Market Cap
- $8.8B
- P/E Ratio
- —
- 5-Yr Total Return
- 22%
- 52-Week Range
- $97.53 – $159.91
- Dividend Safety
- B · 75/100
- Ever Cut?
- No
Frequently Asked Questions
Is OC a good dividend stock?
Yes. Owens Corning (OC) pays a quarterly dividend yielding 2.80% ($3.06/yr), with 11 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is OC undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, OC's fair value is about $83.90 versus a $111.26 share price — so it looks overvalued (-25% vs. fair value).
Is OC's dividend safe?
OC has a dividend-safety grade of B (75/100), based on its payout coverage, free-cash-flow, 11-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is OC's fair value?
Our blended fair-value estimate for OC is about $83.90 per share, about 25% below the current $111.26 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is OC a buy, hold, or sell?
We don't issue formal ratings, but on the data OC screens as "yes" and overvalued. Owens Corning (OC) pays a quarterly dividend yielding 2.80% ($3.06/yr), with 11 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will OC cut its dividend?
OC earns a dividend-safety grade of B (75/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does OC pay a dividend?
Yes. Owens Corning pays a quarterly dividend of about $3.06 per share annually, a forward yield of roughly 2.80%.
What is OC's dividend yield?
As of Oct 15, 2026, OC's forward dividend yield is 2.80%, based on a $3.06 annual dividend and a $111.26 share price.
What is OC's dividend per share?
As of Oct 15, 2026, OC pays $3.06 per share per year, distributed on a quarterly basis.
What is OC's dividend payout ratio?
As of Oct 15, 2026, OC's payout ratio is 104% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has OC grown its dividend?
As of Oct 15, 2026, OC has increased its dividend for 11 consecutive years.
When is the next OC ex-dividend date?
As of Oct 15, 2026, the next ex-dividend date on record for OC is Oct 19, 2026.
OC Price — Last 12 Months
Daily close
Price Return
1 Year
-10%
3 Years
+1%
5 Years
+22%
52-Week Range
$97.53 – $159.91
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is OC worth?
Overvaluedlow confidenceOur blended fair-value estimate for Owens Corning is $83.90 per share, versus a market price of $111.26. That implies 25% of downside.
Fair Value
$83.90
Current Price
$111.26
Downside
-25%
Margin of Safety
-33%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
At today's price, the market is pricing in about 3.3% annual free-cash-flow growth. We model 0.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 10.9% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, -$5.07 EPS, $3.16 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
OC Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full OC dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 20, 2026 | Aug 6, 2026 | $0.7900 | regular |
| Mar 9, 2026 | Apr 9, 2026 | $0.7900 | regular |
| Jan 5, 2026 | Jan 21, 2026 | $0.7900 | regular |
| Oct 20, 2025 | Nov 6, 2025 | $0.6900 | regular |
| Jul 21, 2025 | Aug 7, 2025 | $0.6900 | regular |
| Mar 10, 2025 | Apr 10, 2025 | $0.6900 | regular |
| Jan 6, 2025 | Jan 17, 2025 | $0.6900 | regular |
| Oct 18, 2024 | Nov 4, 2024 | $0.6000 | regular |
| Jul 15, 2024 | Aug 2, 2024 | $0.6000 | regular |
| Mar 1, 2024 | Apr 4, 2024 | $0.6000 | regular |
| Jan 5, 2024 | Jan 19, 2024 | $0.6000 | regular |
| Oct 13, 2023 | Nov 3, 2023 | $0.5200 | regular |
| Jul 14, 2023 | Aug 4, 2023 | $0.5200 | regular |
| Mar 2, 2023 | Apr 6, 2023 | $0.5200 | regular |
Income Calculator
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