A. Schulman Inc. raises dividend nearly 12 percent

Published: March 30, 2012 6:00 am ET

Related to this story

Topics Materials Suppliers
Companies & Associations

FAIRLAWN, OHIO (March 30, 11:10 a.m. ET) — Directors of A. Schulman Inc. have raised the company’s quarterly dividend by 2 cents a share, to a new rate of 19 cents.

The Fairlawn-based compounder and distributor said the increased dividend is payable May 1 to stockholders of record April 19.

“In raising the quarterly dividend, we are continuing to deliver on our commitment to create value for our shareholders through potential share appreciation and a prudent return of cash,” Joseph M. Gingo, A. Schulman chairman, president and CEO, said in a statement.

“When combined with our earlier dividend increase announced on Oct. 14, 2011, our quarterly dividend is now 22.6 percent higher than in the same period last year,” Gingo said. “This latest dividend increase reflects our confidence in the ability of our business to generate cash and brings our annual yield to approximately 2.8 percent.”


Comments

A. Schulman Inc. raises dividend nearly 12 percent

Published: March 30, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Resin prices remain unpredictable

April 27, 2015 12:23 pm ET

Oil prices leveled off a bit in March, but North American commodity resin prices remained as unpredictable as ever.    More

Image

Dow Chemical bullish about prospect for global polyurethane markets

April 27, 2015 11:17 am ET

MAASTRICHT, THE NETHERLANDS — Glenn Wright, president of Dow Chemical Co.’s polyurethanes and formulated systems business, revealed that...    More

Image

PolyOne launches Geon BIO PVC using soy-based materials

April 24, 2015 11:48 am ET

More than a decade of research is paying off for Battelle Memorial Institute in the form of Geon BIO PVC compounds from PolyOne Corp.    More

Image

Study suggests infants at lower risk from BPA exposure than expected

April 23, 2015 4:58 pm ET

A new study shows that newborn babies may have less risk from bisphenol A exposure than originally thought.    More

Image

Braskem and Odebrecht reconsidering West Virginia plastics project

April 23, 2015 2:54 pm ET

Brazilian firms Braskem and Odebrecht have confirmed that they are re-evaluating Project Ascent, the major plastics and petrochemicals project they ha...    More

Market Reports

North American Thermoformed Packaging Market Outlook & Review 2015

Our annual report provides a thorough review and analysis of economic and political conditions, emerging market trends, packaging design advances, materials pricing and sustainable packaging issues impacting supply and demand in the TP segment. Our analysts identify key drivers of growth and opportunities for processors to remain competitive in the years ahead through innovation, production efficiencies and more.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 15, 2015 - September 17, 2015Plastics Caps & Closures - September 2015

More Events