E Stock Picking: Olin Corporation

This week, I'm seeking the second robust dividend-paying stock from the basic materials business sector for my Ivy portfolio. 

That basic materials sector has thirteen industries all related to mining, making, and delivering essential commodities. They are: agricultural inputs; aluminum; building materials; chemicals; coal; copper; industrial metals; gold; paper; silver; specialty chemicals; steel.

Today I'm reviewing another small-cap specialty chemicals company, named Olin Corporation. Its trading ticker symbol is OLN. I last reported on this company on June 6, 2018.

Olin Corp manufactures and sells in three segments Chlor Alkali & Vinnys, Epoxy, and Winchester.

The Chlor Alkali Products and Vinyls segment offers chlorine and caustic soda, ethylene dichloride, and vinyl chloride monomers, hydrochloric acid, hydrogen, bleach products, and potassium hydroxide. 

The Epoxy segment provides allyl chloride and epichlorohydrin, as well as acetone, bisphenol, cumene, and phenol, and resins that are used in adhesives, paints and coatings, composites, and flooring, electrical laminates, paints, electronics, and construction. 

The Winchester segment offers sporting ammunition products, including shotshells, small caliber centerfire, and rimfire ammunition products for hunters and recreational shooters, and law enforcement agencies; small caliber military ammunition products for use in infantry and mounted weapons; and industrial products comprising gauge loads and powder-actuated tool loads for maintenance applications in power, concrete, and construction industries. 

The company markets its products through its sales force, as well as directly to various industrial customers, mass merchants, retailers, wholesalers, other distributors, and the U.S. Government and its prime contractors. 

Olin Corporation was founded in 1892 and is headquartered in Clayton, Missouri.

I use three key data points to gauge the value of any dividend equity or fund like Olin Corporation: 

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Disclaimer:   

This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...

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