Matthews International Increases Quarterly Dividend
16 11월 2023 - 6:15AM
Matthews International Corporation (NASDAQ GSM: MATW)
announced that its Board of Directors declared, at its regularly
scheduled meeting today, a dividend of $0.24 per share on the
Company’s common stock, representing an increase to the Company’s
quarterly dividend rate.
Joseph C. Bartolacci, President and Chief
Executive Officer, stated: “We continue to maintain a strong cash
flow profile facilitating ongoing support of our long-term growth
objectives. This represents our 30th consecutive
annual dividend increase since becoming a publicly-traded
company.”
The dividend is payable December 11, 2023 to
stockholders of record November 27, 2023.
About Matthews International
Corporation
Matthews International Corporation is a global
provider of memorialization products, industrial technologies, and
brand solutions. The Memorialization segment is a leading provider
of memorialization products, including memorials, caskets,
cremation-related products, and cremation and incineration
equipment, primarily to cemetery and funeral home customers that
help families move from grief to remembrance. The Industrial
Technologies segment includes the design, manufacturing, service
and distribution of high-tech custom energy storage solutions;
product identification and warehouse automation technologies and
solutions, including order fulfillment systems for identifying,
tracking, picking and conveying consumer and industrial products;
and coating and converting lines for the packaging, pharma, foil,
décor and tissue industries. The SGK Brand Solutions segment is a
leading provider of packaging solutions and brand experiences,
helping companies simplify their marketing, amplify their brands
and provide value. The Company has approximately 12,000 employees
in more than 30 countries on six continents that are committed to
delivering the highest quality products and services.
Forward-looking Information
Any forward-looking statements contained in this
release are included pursuant to the “safe harbor” provisions of
the Private Securities Litigation Reform Act of 1995. These
forward-looking statements include, but are not limited to,
statements regarding the expectations, hopes, beliefs, intentions
or strategies of the Company regarding the future, and may be
identified by the use of words such as “expects,” “believes,”
“intends,” “projects,” “anticipates,” estimates,” “plans,” “seeks,”
“forecasts,” “predicts,” “objective,” “potential,” “outlook,”
“may,” “will,” “could” or the negative of these terms, other
comparable terminology and variations thereof. Such forward-looking
statements involve known and unknown risks and uncertainties that
may cause the Company’s actual results in future periods to be
materially different from management’s expectations. Although the
Company believes that the expectations reflected in such
forward-looking statements are reasonable, no assurance can be
given that such expectations will prove correct. Factors that could
cause the Company's results to differ materially from the results
discussed in such forward-looking statements principally include
changes in domestic or international economic conditions, changes
in foreign currency exchange rates, changes in interest rates,
changes in the cost of materials used in the manufacture of the
Company's products, any impairment of goodwill or intangible
assets, environmental liability and limitations on the Company’s
operations due to environmental laws and regulations, disruptions
to certain services, such as telecommunications, network server
maintenance, cloud computing or transaction processing services,
provided to the Company by third-parties, changes in mortality and
cremation rates, changes in product demand or pricing as a result
of consolidation in the industries in which the Company operates,
or other factors such as supply chain disruptions, labor shortages
or labor cost increases, changes in product demand or pricing as a
result of domestic or international competitive pressures, ability
to achieve cost-reduction objectives, unknown risks in connection
with the Company's acquisitions and divestitures, cybersecurity
concerns and costs arising with management of cybersecurity
threats, effectiveness of the Company's internal controls,
compliance with domestic and foreign laws and regulations,
technological factors beyond the Company's control, impact of
pandemics or similar outbreaks, or other disruptions to our
industries, customers, or supply chains, the impact of global
conflicts, such as the current war between Russia and Ukraine, and
other factors described in the Company’s Annual Report on Form 10-K
and other periodic filings with the U.S. Securities and Exchange
Commission.
Matthews International CorporationCorporate
OfficeTwo NorthShore CenterPittsburgh, PA 15212-5851Phone: (412)
442-8200
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Contact: |
Steven F. Nicola |
William D. Wilson |
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Chief Financial Officer |
Senior Director, |
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and Secretary |
Corporate Development |
Matthews (NASDAQ:MATW)
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Matthews (NASDAQ:MATW)
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부터 5월(5) 2023 으로 5월(5) 2024