Matthews Int'l (MATW) Reports In-Line Q2 EPS; Declares $0.08 Quarterly Dividend; 0.8% Yield

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Matthews International Corporation (NASDAQ: MATW) reported Q2 EPS of $0.56, in-line with the analyst estimate of $0.56. Revenue for the quarter came in at $220.15 million versus the consensus estimate of $215.31 million.

The Board of Directors of Matthews International Corporation also declared, at its regularly scheduled meeting on Thursday, April 21, 2011, a dividend of $0.08 per share, $0.32 annualized. The dividend is payable May 16, 2011 to stockholders of record May 2, 2011, with an ex-dividend date of April 28, 2011.

Yield on the dividend is 0.8 percent.

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