Her fifteenth fragrance Love and Light was launched exclusively on HSN. 51,000 bottles of the perfume were sold at its premiere, becoming Lopezâs most successful fragrance launch to date, making over $2.9 million.
COVINGTON and LEXINGTON, Ky. - Ashland Global Holdings Inc. (Ashland) and Valvoline Inc. (Valvoline) today announced the closing of Valvoline's initial public offering of 34,500,000 shares of Valvoline's common stock at a price to the public of $22.00 per share, including the underwriters' full exercise of their option to purchase 4,500,000 shares to cover over-allotments.
Valvoline had a net margin of 14.59% and a negative return on equity of 137.91%. The firmâs quarterly revenue was up 10.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.35 EPS. research analysts expect that Valvoline will post 1.3 earnings per share for the current year. The company also recently declared a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, December 1st were issued a dividend of $0.0745 per share. This represents a $0.30 annualized dividend and a yield of 1.19%. This is an increase from Valvolineâs previous quarterly dividend of $0.05. The ex-dividend date was Thursday, November 30th. Valvolineâs dividend payout ratio is presently 20.13%.