Matthews (MATW) Raises Quarterly Dividend 13.3% to $0.17; 1% Yield
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Matthews International Increases Quarterly Dividend
November 17, 2016 1:00 PM ESTPITTSBURGH, Nov. 17, 2016 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ: MATW) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend of $0.17 per share on the Companys common stock for the quarter ended September 30, 2016, representing an increase of 13.3% in the Companys dividend rate.
Mr. Bartolacci, President and Chief Executive Officer, stated:Â This represents our 22nd consecutive annual dividend increase since becoming a publicly-traded company and reflects the continued growth of Matthews, another year of record performance in fiscal 2016, strong cash generation, and the ongoing success of our... More
