H.B. Fuller Increases Quarterly Dividend for the 52nd Consecutive Year

Rhea-AI Summary

H.B. Fuller Company (NYSE: FUL) has declared a quarterly cash dividend of $0.1675 per share, payable on May 6, 2021 to shareholders recorded by April 22, 2021. This dividend marks a 3% increase over the prior quarter and signifies the 52nd consecutive year of dividend growth, reflecting H.B. Fuller's commitment to returning value to its shareholders. The company achieved $2.8 billion in net revenue for fiscal 2020, demonstrating its strong market presence and ongoing investment in innovation.

Positive

• Declaration of a quarterly dividend of $0.1675 per share.
• 3% increase in dividend compared to the previous quarter.
• 52nd consecutive year of dividend increases.
• Strong revenue of $2.8 billion for fiscal 2020.

Negative

• None.

H.B. Fuller Company (NYSE: FUL) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.1675 per share of common stock. The dividend is payable on May 6, 2021 to shareholders of record at the close of business on April 22, 2021. This represents a 3% increase over the prior quarterly dividend and marks the 52^nd consecutive year in which the Company has increased its dividend.

About H.B. Fuller

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 2020 net revenue of $2.8 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/.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210408005614/en/

FAQ

What is the dividend amount for H.B. Fuller in 2021?

H.B. Fuller declared a quarterly dividend of $0.1675 per share in 2021.

When will H.B. Fuller pay its dividend?

The dividend will be paid on May 6, 2021.

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

Shareholders must be recorded by April 22, 2021, to receive the dividend.

How many consecutive years has H.B. Fuller increased its dividend?

H.B. Fuller has increased its dividend for 52 consecutive years.