AptarGroup (ATR) Raises Quarterly Dividend 5.9% to $0.36; Approves $350M Buyback

AptarGroup (NYSE: ATR) declared a quarterly dividend of $0.36 per share, or $1.44 annualized. This is a 5.9% increase from the prior dividend of $0.34.

The dividend will be payable on May 22, 2019, to stockholders of record on May 1, 2019, with an ex-dividend date of April 30, 2019.

The annual yield on the dividend is 1.3 percent.

The Board of Directors of AptarGroup, Inc. (NYSE: ATR) yesterday authorized the repurchase of up to $350 million of the Company’s common stock. This new authorization replaces all previous authorizations. Aptar may repurchase shares through the open market, privately negotiated transactions or other programs, subject to market conditions. The Board also increased the quarterly cash dividend by 6% to $0.36 per share. The payment date is May 22, 2019, to stockholders of record as of May 1, 2019.

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

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