tuesday marks the last chance for investors to receive the next dividend payout from olin oln the company announced on thursday that it would pay shareholders a quarterly dividend of 20 cents per share on wednesday olin will go exdividend meaning the stock will trade lower to reflect that payout in other words the stock will likely open 20 cents lower than it would have opened on any other day in order to be eligible to receive a companys dividend shareholders must own the stock prior to the exdividend date—in this case wednesday shareholders who own oln as of the end of tuesdays session are eligible to receive the 20 cents dividend payout for every share that they own according to the company this dividend will be paid out to shareholders on september 08 2023 investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way to read more news on olin click here click here to visit our dividends calendar