H.B. Fuller Increases Quarterly Dividend by 8 Percent

Rhea-AI Summary

H.B. Fuller Company (NYSE: FUL) has announced an increase in its quarterly cash dividend from $0.19 to $0.205 per share, marking an 8% increase and the 54th consecutive year of dividend increases. This dividend will be payable on May 4, 2023, to shareholders of record as of April 20, 2023. In fiscal year 2022, H.B. Fuller reported net revenues of $3.75 billion, demonstrating its commitment to innovation and sustainable adhesive solutions across various industries.

Positive

• Quarterly dividend increased by 8% to $0.205 per share.
• 54 consecutive years of dividend increases.
• Fiscal 2022 net revenue of $3.75 billion.

Negative

• None.

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 $0.19 per share of common stock to $0.205 per share of common stock, payable on May 4, 2023 to shareholders of record at the close of business on April 20, 2023.

This represents an 8% increase over the prior quarterly dividend and marks the 54th consecutive year in which the Company has increased its dividend.

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 2022 net revenue of $3.75 billion, H.B. Fuller’s commitment to innovation and sustainable adhesive solutions 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/.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230406005002/en/

Steven Brazones

Investor Relations

651-236-5060

Source: H.B. Fuller Company

FAQ

What is the new dividend amount for H.B. Fuller (FUL)?

The new dividend amount is $0.205 per share.

When will H.B. Fuller (FUL) pay its next dividend?

The next dividend will be paid on May 4, 2023.

What date is the record date for H.B. Fuller (FUL) dividend?

The record date for the dividend is April 20, 2023.

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

H.B. Fuller has increased its dividend for 54 consecutive years.