Bemis (BMS) Raises Quarterly Dividend 3.4% to $0.30; 2.5% Yield
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Bemis (NYSE: BMS) declared a quarterly dividend of $0.30 per share, or $1.2 annualized. This is a 3.4% increase from the prior dividend of $0.29.
The dividend will be payable on March 1, 2017, to stockholders of record on February 21, 2017, with an ex-dividend date of February 16, 2017.
The annual yield on the dividend is 2.5 percent.
This marks the 34th consecutive year that the Company has increased its dividend payment. Bemis has been paying an annual dividend on its stock since 1922 and has been included in Standard & Poor's list of Dividend Aristocrats since 2008.
“Our dividend program is an important part of our shareholders' total return on investment in Bemis Company," said William F. Austen, Bemis Company's President and Chief Executive Officer. "Our annual cash dividend has increased consecutively for 34 years, reflecting our confidence in our ability to generate strong cash flow and future growth."
For a dividend history and other dividend-related data on Bemis (BMS) click here.
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