CLARCOR Increases Quarterly Dividend by 14%

FRANKLIN, Tenn.--(BUSINESS WIRE)-- CLARCOR Inc. (NYSE: CLC) announced today that the company’s Board of Directors has resolved to increase the company’s regular quarterly dividend by 14%, from $0.22 per share of common stock to $0.25 per share of common stock. This continues the company’s consecutive streak of increasing dividends every year since 1983. The Board further resolved to pay the new $0.25 per share dividend on Friday, November 4, 2016 to shareholders of record on Monday, October 17, 2016.

CLARCOR is based in Franklin, Tennessee and is a diversified marketer and manufacturer of mobile, industrial and environmental filtration products sold in domestic and international markets. Common shares of the Company are traded on the New York Stock Exchange under the symbol CLC. Further information on CLARCOR can be found at www.clarcor.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160926006464/en/

CLARCOR Inc.
David J. Fallon, 615-771-3100
Chief Financial Officer

Source: CLARCOR Inc.

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