H.B. Fuller Increases Quarterly Dividend by 8.5 Percent

Rhea-AI Summary

H.B. Fuller Company (FUL) raises its quarterly cash dividend by 8.5% to $0.2225 per share, continuing a streak of 55 years of dividend increases.

ST. PAUL, Minn.--(BUSINESS WIRE)-- H.B. Fuller Company (NYSE: FUL) today announced that its Board of Directors approved an increase in the Company’s regular quarterly cash dividend from $0.205 per share of common stock to $0.2225 per share of common stock, payable on May 9, 2024 to shareholders of record at the close of business on April 25, 2024.

This represents an 8.5% increase over the prior quarterly dividend and marks the 55th consecutive year in which the Company has increased its dividend.

About H.B. Fuller Company:

As the largest pureplay adhesives company in the world, H.B. Fuller’s (NYSE: FUL) innovative, functional coatings, adhesives and sealants enhance the quality, safety and performance of products people use every day. Founded in 1887, with 2023 revenue of $3.5 billion, our mission to Connect What Matters is brought to life by more than 7,000 global team members who collaborate with customers across more than 30 market segments in over 140 countries to develop highly specified solutions that enable customers to bring world-changing innovations to their end markets. Learn more at www.hbfuller.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240411690237/en/

Steven Brazones

Investor Relations

651-236-5060

Source: H.B. Fuller Company

FAQ

What is the new quarterly cash dividend per share announced by H.B. Fuller Company (FUL)?

H.B. Fuller Company (FUL) has increased its quarterly cash dividend from $0.205 per share to $0.2225 per share.

When will the increased dividend be payable to shareholders of H.B. Fuller Company (FUL)?

The increased dividend of $0.2225 per share will be payable on May 9, 2024, to shareholders of record as of April 25, 2024.

How many consecutive years has H.B. Fuller Company (FUL) increased its dividend?

This increase marks the 55th consecutive year in which H.B. Fuller Company (FUL) has raised its dividend.