EnPro Industries Raises Quarterly Dividend
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +16.5%
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CHARLOTTE, N.C.--(BUSINESS WIRE)-- EnPro Industries, Inc. (NYSE: NPO) today declared a quarterly dividend of $0.21 per share which is a 5% increase from the previous quarterly dividends of $0.20 per share paid since the program was initiated in January, 2015. The dividend is payable March 23, 2016 to shareholders of record as of the close of business on March 9, 2016. “We are pleased to continue our practice of thoughtfully returning capital to shareholders to the extent it exceeds our anticipated needs for internal capital and growth investment,” said Steve Macadam, President and Chief Executive Officer.
About EnPro Industries
EnPro Industries, Inc. is a leader in sealing products, metal polymer and filament wound bearings, components and service for reciprocating compressors, diesel and dual-fuel engines and other engineered products for use in critical applications by industries worldwide. For more information about EnPro, visit the company’s website at http://www.enproindustries.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160224006339/en/
EnPro Industries
Dan Grgurich, Director, Investor
Relations and Corporate Communications
704-731-1527, [email protected]
Source: EnPro Industries, Inc.
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