Matthews (MATW) Raises Quarterly Dividend 11.8% to $0.19; 1.3% Yield
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Matthews International Increases Quarterly Dividend
November 16, 2017 2:00 PM ESTPITTSBURGH, Pa., Nov. 16, 2017 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend of $0.19 per share on the Companys common stock for the quarter ended September 30, 2017, representing an increase of 11.8% in the Companys dividend rate.
Mr. Bartolacci, President and Chief Executive Officer, stated: The Companys cash flow generation continues to grow, which supports our long-term strategies. This dividend increase is a reflection of our continued confidence in our growth objectives. This represents our... More
