Ecolab (ECL) Raises Quarterly Dividend 6.1% to $0.35; 1.2% Yield
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Ecolab Increases Cash Dividend 6%
December 3, 2015 1:54 PM EST24th Consecutive Annual Dividend Rate Increase
ST. PAUL, Minn.--(BUSINESS WIRE)-- The Board of Directors of Ecolab Inc. declared a 6% increase in the companys quarterly cash dividend to $0.35 per common share, to be paid January 15, 2016, to shareholders of record at the close of business on December 15, 2015. This increase results in a new indicated annual cash dividend of $1.40 per share in 2016 and represents Ecolabs 24th consecutive annual dividend rate increase.
Ecolab has paid cash dividends on its common stock for 79 consecutive years.
Commenting on the increase, Douglas M. Baker, Jr., Ecolabs Chairman... More
