Balchem Corporation's Board of Directors declared a dividend on its common stock equal to $0.87 per share on December 9, 2024. This dividend represents a 10.1% increase over the previous year's annual dividend.
The dividend is payable on January 17, 2025, to stockholders of record at the close of business on December 26, 2024. This marks the sixteenth consecutive year that Balchem has increased its annual dividend.
Ted Harris, Balchem's Chairman, President, and CEO, stated that this increase reflects the company's consistent financial performance and the Board's confidence in its long-term strategies. The sustained dividend growth underscores Balchem's commitment to shareholder returns.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.