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Balchem Corporation Announces Dividend

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Balchem (NASDAQ: BCPC) has declared a dividend of $0.87 per share on its common stock, payable on January 17, 2025, to stockholders of record as of December 26, 2024. This represents a 10.1% increase compared to the previous year's annual dividend. The announcement marks Balchem's sixteenth consecutive annual dividend increase, reflecting the company's consistent financial performance and the Board's confidence in their long-term strategies.

Balchem (NASDAQ: BCPC) ha dichiarato un dividendo di $0.87 per azione sulle sue azioni ordinarie, pagabile il 17 gennaio 2025, agli azionisti registrati al 26 dicembre 2024. Questo rappresenta un incremento del 10,1% rispetto al dividendo annuale dell'anno precedente. L'annuncio segna il sedicesimo aumento annuale consecutivo del dividendo da parte di Balchem, a testimonianza delle solidi prestazioni finanziarie dell'azienda e della fiducia del Consiglio nelle loro strategie a lungo termine.

Balchem (NASDAQ: BCPC) ha declarado un dividendo de $0.87 por acción sobre sus acciones ordinarias, que se pagará el 17 de enero de 2025, a los accionistas registrados hasta el 26 de diciembre de 2024. Esto representa un aumento del 10.1% en comparación con el dividendo anual del año anterior. Este anuncio marca el decimosexto aumento anual consecutivo del dividendo de Balchem, lo que refleja el sólido desempeño financiero de la compañía y la confianza de la Junta en sus estrategias a largo plazo.

발켐 (NASDAQ: BCPC)주당 $0.87의 배당금을 선언했습니다. 이는 2025년 1월 17일에 지급되며, 2024년 12월 26일 기준 주주에게 지급됩니다. 이는 지난해의 연간 배당금에 비해 10.1% 증가한 수치입니다. 이 발표는 발켐의 16번째 연속 배당금 증가를 기록하며, 회사의 지속적인 재무 성과와 이사회가 장기 전략에 대한 신뢰를 반영합니다.

Balchem (NASDAQ: BCPC) a déclaré un dividende de 0,87 $ par action sur ses actions ordinaires, payable le 17 janvier 2025, aux actionnaires inscrits au 26 décembre 2024. Cela représente une augmentation de 10,1% par rapport au dividende annuel de l'année précédente. Cette annonce marque la seizième augmentation annuelle consécutive du dividende de Balchem, reflet des performances financières constantes de l'entreprise et de la confiance du Conseil dans ses stratégies à long terme.

Balchem (NASDAQ: BCPC) hat eine Dividende von 0,87 USD pro Aktie auf seine Stammaktien erklärt, die am 17. Januar 2025 an Aktionäre ausgezahlt wird, die am 26. Dezember 2024 registriert sind. Dies entspricht einem 10,1%igen Anstieg im Vergleich zur jährlichen Dividende des Vorjahres. Die Bekanntgabe markiert den sechzehnten aufeinanderfolgenden jährlichen Dividendenanstieg von Balchem, was die konstanten finanziellen Leistungen des Unternehmens und das Vertrauen des Vorstands in deren langfristige Strategien widerspiegelt.

Positive
  • 10.1% increase in annual dividend
  • Sixteenth consecutive year of dividend increases
  • Demonstrates consistent financial performance
  • Board's confidence in long-term strategies
Negative
  • None.

MONTVALE, N.J., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Balchem Corporation (NASDAQ: BCPC) today announced that on December 9, 2024, its Board of Directors declared a dividend on its shares of common stock equal to $0.87 per share on the Company’s issued and outstanding Common Stock, to be payable on January 17, 2025 to stockholders of record at the close of business on December 26, 2024. This dividend represents an 10.1% increase over last year’s annual dividend.

Ted Harris, Balchem’s Chairman, President and CEO, said, “Balchem has a long-standing commitment to an annual dividend and we are pleased to announce the continuation of that commitment. This dividend represents the sixteenth consecutive increase in our annual dividend, reflecting both the consistently outstanding financial performance the company has delivered and the Board’s continued confidence in our long-term strategies.”

About Balchem Corporation

Balchem Corporation develops, manufactures and markets specialty ingredients that improve and enhance the health and well-being of life on the planet, providing state-of-the-art solutions and the finest quality products for a range of industries worldwide. The company reports three business segments: Human Nutrition & Health; Animal Nutrition & Health; and Specialty Products. The Human Nutrition & Health segment delivers customized food and beverage ingredient systems, as well as key nutrients into a variety of applications across the food, supplement and pharmaceutical industries. The Animal Nutrition & Health segment manufactures and supplies products to numerous animal health markets. Through Specialty Products, Balchem provides specialty-packaged chemicals for use in healthcare and other industries, and also provides chelated minerals to the micronutrient agricultural market.

Forward-Looking Statements

This release contains forward-looking statements, which reflect Balchem’s expectation or belief concerning future events that involve risks and uncertainties. Balchem can give no assurance that the expectations reflected in forward-looking statements will prove correct and various factors could cause results to differ materially from Balchem’s expectations, including risks and factors identified in Balchem’s Annual Report on Form 10-K for the year ended December 31, 2023 and other factors that may be identified in our other SEC filings. Forward-looking statements are qualified in their entirety by the above cautionary statement. Balchem assumes no obligation to update or revise any forward-looking statements as of any future date.

Contact:Jacqueline Yarmolowicz
 Balchem Corporation (Telephone: 845-326-5600)

 


FAQ

What is Balchem's (BCPC) new dividend amount for 2025?

Balchem's new dividend amount is $0.87 per share, payable on January 17, 2025.

When is the record date for Balchem's (BCPC) latest dividend?

The record date for Balchem's latest dividend is December 26, 2024.

How much did Balchem (BCPC) increase its dividend in 2024?

Balchem increased its dividend by 10.1% compared to the previous year.

How many consecutive years has Balchem (BCPC) increased its dividend?

Balchem has increased its dividend for sixteen consecutive years.

Balchem Corporation

NASDAQ:BCPC

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5.24B
32.34M
0.47%
90.75%
1.43%
Specialty Chemicals
Chemicals & Allied Products
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United States of America
MONTVALE