H.B. Fuller Announces Quarterly Dividend

Rhea-AI Summary

H.B. Fuller Company (NYSE: FUL) declared a quarterly cash dividend of $0.1625 per share, payable on Oct. 29, 2020. This dividend will be distributed to shareholders on record by the close of business on Oct. 15, 2020. With fiscal 2019 net revenue of $2.9 billion, H.B. Fuller continues its legacy as a global adhesives leader, focusing on innovation and providing reliable service across diverse industries including electronics and clean energy.

Positive

• Quarterly cash dividend of $0.1625 per share announced.
• Dividend reflects company confidence in ongoing performance.
• Strong revenue of $2.9 billion in fiscal 2019 indicates financial stability.

Negative

• None.

ST. PAUL, Minn., Oct. 1, 2020 /PRNewswire/ -- H.B. Fuller Company (NYSE: FUL) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.1625 per share of common stock. The dividend is payable on Oct. 29, 2020 to shareholders of record at the close of business on Oct. 15, 2020.  

About H.B. Fuller Company:
Since 1887, H.B. Fuller has been a leading global adhesives provider focusing on perfecting adhesives, sealants and other specialty chemical products to improve products and lives. With fiscal 2019 net revenue of $2.9 billion, H.B. Fuller's commitment to innovation brings together people, products and processes that answer and solve some of the world's biggest challenges. Our reliable, responsive service creates lasting, rewarding connections with customers in electronics, disposable hygiene, medical, transportation, aerospace, clean energy, packaging, construction, woodworking, general industries and other consumer businesses. And, our promise to our people connects them with opportunities to innovate and thrive. For more information, visit us at https://www.hbfuller.com/

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SOURCE H.B. Fuller Company

FAQ

What is the dividend amount declared by H.B. Fuller Company?

H.B. Fuller Company declared a quarterly cash dividend of $0.1625 per share.

When is the dividend payment date for H.B. Fuller?

The dividend is payable on October 29, 2020.

What is the record date for H.B. Fuller’s dividend?

The record date for the dividend is October 15, 2020.

Is H.B. Fuller’s dividend sustainable?

The company's strong revenue suggests a commitment to maintaining dividends, but sustainability can vary based on future performance.