AptarGroup (ATR) Hikes Qtr. Dividend to 32c/Share; Approves $50M Stock Buyback

October 20, 2016 5:01 PM EDT

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AptarGroup (NYSE: ATR) declared a quarterly dividend of $0.32 per share, or $1.28 annualized. The dividend is a 7 percent hike over the prior rate of $0.30 per share.

The dividend will be payable on November 23, 2016, to stockholders of record on November 2, 2016, with an ex-dividend date of October 31, 2016.

The annual yield on the dividend is 1.7 percent.

The Board of Directors of AptarGroup also authorized the repurchase of up to $350 million of the Company’s common stock. This new authorization replaces all previous authorizations. AptarGroup may repurchase shares through the open market, privately negotiated transactions or other programs, subject to market conditions.

For a dividend history and other dividend-related data on AptarGroup (ATR) click here.

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