Matthews International Corporation Increases Quarterly Dividend
22 Octobre 2009 - 7:52PM
PR Newswire (US)
PITTSBURGH, Oct. 22 /PRNewswire-FirstCall/ -- The Board of
Directors of Matthews International Corporation (NASDAQ:MATW) today
declared a quarterly dividend of $0.07 per share on the Company's
common stock. The quarterly dividend has been increased one-half
cent per share from $0.065 to $0.07. The dividend is payable
November 16, 2009 to stockholders of record November 2, 2009.
Joseph C. Bartolacci, President and Chief Executive Officer,
stated, "Despite the challenges of fiscal 2009, we continue to have
confidence in our long-term strategies. Accordingly, Matthews
believes a modest increase in our dividend is appropriate." Mr.
Bartolacci noted that this was the Corporation's 15th dividend
increase since Matthews became a publicly traded stock in July
1994. Matthews International Corporation, headquartered in
Pittsburgh, Pennsylvania, is a designer, manufacturer and marketer
principally of memorialization products and brand solutions.
Memorialization products consist primarily of bronze memorials and
other memorialization products, caskets and cremation equipment for
the cemetery and funeral home industries. Brand solutions include
graphics imaging products and services, marking products, and
merchandising solutions. The Company's products and services
include cast bronze memorials and other memorialization products;
caskets; cast and etched architectural products; cremation
equipment and cremation-related products; mausoleums; brand
management; printing plates and cylinders, pre-press services and
imaging services for the primary packaging and corrugated
industries; marking and coding equipment and consumables, and
industrial automation products for identifying, tracking and
conveying various consumer and industrial products, components and
packaging containers; and merchandising display systems and
marketing and design services. DATASOURCE: Matthews International
Corporation CONTACT: Steven F. Nicola, Chief Financial Officer,
Secretary & Treasurer, +1-412-442-8262 Web Site:
http://www.matw.com/
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