Quarterly dividend held at $0.20, signaling continuity rather than change

The market likely expected another $0.20 quarterly dividend. Olin has maintained that payout level in recent declarations, including the February 19, 2026 announcement, so this filing does not introduce a surprise or reset expectations.

The filing confirms payout continuity, not an increase or cut. The board declared $0.20 per share, payable September 11, 2026, marking the 399th consecutive quarterly dividend (Dividend declaration).

The net read is routine and neutral. The unchanged dividend provides ongoing shareholder return and signals no disclosed change in capital-allocation policy, but it does not improve the outlook versus what was already expected.