Ashland Inc. Board Declares Dividend of $.15

The board of directors of Ashland Inc. ASH today declared a quarterly cash dividend of 15 cents per share on the company's common stock, equivalent to an annual dividend of 60 cents per share. The dividend is payable Dec. 15, 2010, to shareholders of record at the close of business on Dec. 1, 2010. As of Oct. 31, 2010, there were 78,852,428 shares of Ashland common stock outstanding.