Matthews (MATW) Raises Quarterly Dividend 15.4% to $0.15; 1% Yield
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Matthews International Increases Quarterly Dividend
November 12, 2015 2:00 PM ESTPITTSBURGH, Nov. 12, 2015 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ: MATW) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend of $0.15 per share on the Companys common stock for the quarter ended September 30, 2015, representing an increase of 15.4% in the Companys dividend rate.
Mr. Bartolacci, President and Chief Executive Officer, stated:Â The increase in the quarterly dividend rate is a reflection of the Companys continued strong operating cash flow and our confidence in the integration progress for our recent acquisitions.
The dividend is... More
