A. Schulman Inc. raises dividend nearly 12 percent

Published: March 30, 2012 6:00 am ET

Related to this story

Topics Materials, Suppliers

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

West Coast ports dispute impacts machinery imports

February 27, 2015 5:00 pm ET

Asian machinery companies got caught in the West Coast ports labor dispute — causing some headaches to get equipment ready for NPE 2015.    More

Image

Experts explain why resin sales are down in a healthy US economy

February 27, 2015 1:58 pm ET

The economies of the U.S. and Canada posted solid growth in 2014 — even though resin demand in those countries lagged behind.    More

Image

Industry vet Dwight Morgan joins M. Holland

February 27, 2015 1:55 pm ET

Resin distribution leader M. Holland Co. has hired industry veteran Dwight Morgan as its vice president of corporate development.    More

Image

Wittmann, Illig among machinery firms boosting investments in India

February 27, 2015 1:34 pm ET

GANDHINAGAR, INDIA — Expected growth in the Indian plastics market is leading several global machinery firms to make investments there,...    More

Image

Indian masterbatch makers growing locally and thinking globally

February 27, 2015 1:30 pm ET

GANDHINAGAR, INDIA — India’s masterbatch makers are expanding their domestic capacity to meet growing demand, as some are also moving ahea...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

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 in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

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

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events