CONSHOHOCKEN, Pa., July 26,
2023 /PRNewswire/ -- The Board of Directors of Quaker
Houghton (NYSE: KWR) today declared a $0.455 per share quarterly cash dividend, an
increase of approximately 5% over the prior dividend. The
quarterly dividend is payable on October 31,
2023, to shareholders of record at the close of business on
October 17, 2023.
Andy Tometich, Chief Executive
Officer and President commented, "We are pleased to once again
increase our dividend. This increase represents our
14th consecutive year and 47th increase since
going public in 1972 and highlights the conviction in our ability
to generate cash flow. We remain confident in the long-term
outlook for our Company and the opportunities for continued
growth."
About Quaker Houghton
Quaker Houghton is the global leader in industrial process
fluids. With a presence around the world, including operations in
over 25 countries, our customers include thousands of the world's
most advanced and specialized steel, aluminum, automotive,
aerospace, offshore, container, mining, and metalworking companies.
Our high-performing, innovative and sustainable solutions are
backed by best-in-class technology, deep process knowledge and
customized services. With approximately 4,600 employees, including
chemists, engineers and industry experts, we partner with our
customers to improve their operations so they can run even more
efficiently, even more effectively, whatever comes next. Quaker
Houghton is headquartered in Conshohocken, Pennsylvania, located near
Philadelphia in the United States. Visit quakerhoughton.com to
learn more.
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SOURCE Quaker Houghton