In Focus – OLN

Olin Corporation (OLN) is one of the highest paying dividend stocks we cover. We will explain in this report how it is also one of the best stocks to buy now.


Olin Corporation (OLN) is a chemical manufacturing company located in Clayton, Missouri. It operates in three segments. Those segments are Chlor Alkali Products, Chemical Distribution, and Winchester (ammunition). Chlor Alkali Products manufactures and sells chlorine, caustic soda, and other acids and bleach products. Chemical Distribution manufactures bleach products and distributes bleach products, caustic soda, and other hydroxides and acids. And the segment Winchester covers sporting ammunition, military ammunition, and reloading components.

Stock Fundamentals

Olin Corporation is an average firm in many ways. Its financial strength, growth prospects, and risk are all average. Its numbers for the efficiency of its operations are mostly average.  Its ability to invest shrewdly and profitably has been (and will probably be) average.

But “average” is not a dirty word. A firm that is average may not display outstandingly good performance or possess exceptionally admirable characteristics, but at least an average firm does not possess inferior characteristics either. And if an average firm is modestly priced, then it might present a bargain.

Olin is a very good example of this. Olin does not just have a generous dividend. Olin is very economically priced on many other metrics as well. Most of its price multiples are at slight discounts to the market. Olin is the kind of low-priced company we like best. It is a low-priced company that we would not characterize as junk.

OLN does not earn our highest marks for its overall fundamentals. But it does earn at least above average marks. And we consider it one of the best stocks to buy now.

Stat Sheet – Olin Corporation 4/25/16

Ticker OLN
Industry  Chemical Manufacturing
Price $ 21.12
Market Cap  $ 1,639
Dividend Yield 3.79
Dividend/CFOp 0.355
Equity/Assets 0.386
Average Equity/Assets 0.394
Financial Strength Average
Growth Prospects Average
Beta 1.24
Price Volatility Average
Stock Fundamentals B

(Our assessment of this firm’s fundamentals will be in effect for the rest of calendar year 2016.)

If you would like to some of the other research we make available on the roughly 2,000 companies we follow, click the link below.

Best Stocks to Buy Now

If you would like to see why we have a penchant for the best dividend stocks, click the link below.

Why the Best Dividend Stocks

Disclaimer – Information contained herein has been obtained from sources believed to be reliable. Neither the author nor the publisher guarantees the accuracy or completeness of the information and methods described. This information is offered as general commentary only. It is not intended as investment advice. Investment and trading of securities involves risk, including of loss of capital. Market conditions change over time, and no assurance can be given that a reader may apply the principles described to make a profit. The author and publisher expressly disclaim all and any liability to any person for any investment or trading decisions that the reader may make in reliance on this information.

In Focus – OLN

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s