Carlisle Companies Announces 17% Increase in Dividend and the 40th Consecutive Year of Dividend Increases
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Overall Analyst Rating:
NEUTRAL ( Up)
Dividend Yield: 1%
Revenue Growth %: -16.3%
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CHARLOTTE, N.C.--(BUSINESS WIRE)-- The Board of Directors of Carlisle Companies Incorporated (NYSE: CSL) has declared a 17% increase in the Company’s regular quarterly dividend, to $0.35 per share from $0.30 per share. The dividend is payable on September 1, 2016 to shareholders of record at the close of business on August 18, 2016. This marks the 40th consecutive year of dividend increases for Carlisle shareholders.
D. Christian “Chris” Koch, Carlisle’s President and Chief Executive Officer, commented, “We take great pride in again raising our dividend and in continuing Carlisle’s long history of rewarding Carlisle shareholders.”
About Carlisle Companies Incorporated
Carlisle Companies Incorporated is a global diversified company that designs, manufactures and markets a wide range of products that serve a broad range of niche markets including commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics, medical technology, foodservice, healthcare, sanitary maintenance, transportation, auto refinishing, general industrial, protective coating, wood and specialty. Through our group of decentralized operating companies led by entrepreneurial management teams, we bring innovative product solutions to solve the challenges facing our customers. Our worldwide team of employees, who generated $3.5 billion in net sales in 2015, is focused on continuously improving the value of the Carlisle brand by developing the best products, ensuring the highest quality and providing unequaled customer service in the many industries we serve. Learn more about Carlisle at www.carlisle.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160804006018/en/
Carlisle Companies Incorporated
Steven J. Ford, (704) 501-1100
Vice
President & Chief Financial Officer
http://www.carlisle.com
Source: Carlisle Companies Incorporated
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