Matthews International Corporation announced on November 20, 2024, that its Board of Directors declared a quarterly dividend of $0.25 per share on the company’s common stock. This represents an increase to the company’s quarterly dividend rate.
Joseph C. Bartolacci, President and Chief Executive Officer, stated that this increase reflects ongoing confidence in the company’s cash generation and long-term growth strategies. This marks the 31st consecutive annual dividend increase since Matthews became a publicly-traded company.
The dividend is payable on December 16, 2024, to stockholders of record as of December 2, 2024. This consistent dividend growth underscores the company's commitment to returning value to shareholders.
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