Quaker Houghton Announces a 7% Increase in Cash Dividend
Quaker Houghton (NYSE: KWR) has announced a 7% increase in its quarterly cash dividend to $0.485 per share. The dividend will be payable on October 31, 2024, to shareholders of record as of October 17, 2024. This marks the company's 15th consecutive year of dividend increases and its 48th increase since going public in 1972. CEO Andy Tometich expressed confidence in the company's long-term fundamentals and cash generation capabilities, emphasizing their commitment to enhancing shareholder value through a disciplined capital allocation strategy.
Quaker Houghton (NYSE: KWR) ha annunciato un aumento del 7% del dividendo trimestrale a $0,485 per azione. Il dividendo sarà pagabile il 31 ottobre 2024, agli azionisti registrati al 17 ottobre 2024. Questo segna il 15° anno consecutivo di aumenti del dividendo e il 48° aumento dalla quotazione in borsa nel 1972. Il CEO Andy Tometich ha espresso fiducia nelle basi fondamentali a lungo termine dell'azienda e nella sua capacità di generare liquidità, sottolineando il loro impegno ad aumentare il valore per gli azionisti attraverso una strategia di allocazione disciplinata del capitale.
Quaker Houghton (NYSE: KWR) ha anunciado un aumento del 7% en su dividendo trimestral en efectivo a $0,485 por acción. El dividendo se pagará el 31 de octubre de 2024 a los accionistas registrados hasta el 17 de octubre de 2024. Esto marca el 15º año consecutivo de aumentos de dividendos y el 48º aumento desde su salida a bolsa en 1972. El CEO Andy Tometich expresó confianza en los fundamentos a largo plazo de la empresa y en su capacidad para generar efectivo, enfatizando su compromiso con el aumento del valor para los accionistas a través de una estrategia de asignación de capital disciplinada.
Quaker Houghton (NYSE: KWR)는 분기 현금 배당금을 7% 인상하였으며, 주당 $0.485로 조정되었습니다. 배당금은 2024년 10월 31일에 지급되며, 2024년 10월 17일 기준 주주에게 지급됩니다. 이는 회사의 15년 연속 배당금 인상을 나타내며, 1972년 상장 이후 48번째 인상입니다. CEO 앤디 토메티치는 회사의 장기적인 기본 요소와 현금 생성 능력에 대한 신뢰를 표명하였고, 자본 할당 전략을 통해 주주 가치를 높이려는 의지를 강조했습니다.
Quaker Houghton (NYSE: KWR) a annoncé une augmentation de 7 % de son dividende trimestriel à 0,485 $ par action. Le dividende sera payable le 31 octobre 2024, aux actionnaires enregistrés au 17 octobre 2024. Cela marque la 15e année consécutive d'augmentations du dividende et la 48e augmentation depuis son introduction en bourse en 1972. Le PDG Andy Tometich a exprimé sa confiance dans les fondamentaux à long terme de l'entreprise et sa capacité à générer des liquidités, soulignant leur engagement à accroître la valeur pour les actionnaires grâce à une stratégie d'allocation de capital disciplinée.
Quaker Houghton (NYSE: KWR) hat eine Erhöhung der vierteljährlichen Bardividende um 7% auf $0,485 pro Aktie angekündigt. Die Dividende wird am 31. Oktober 2024 an die zum 17. Oktober 2024 registrierten Aktionäre ausgezahlt. Dies markiert das 15. aufeinanderfolgende Jahr der Dividendenerhöhungen und die 48. Erhöhung seit dem Börsengang im Jahr 1972. CEO Andy Tometich drückte sein Vertrauen in die langfristigen Grundlagen und die Cashflow-Generierungskapazitäten des Unternehmens aus und betonte das Engagement, den Wert für die Aktionäre durch eine disziplinierte Kapitalallokationsstrategie zu steigern.
- Increased quarterly dividend by 7% to $0.485 per share
- 15th consecutive year of dividend increases
- 48th dividend increase since going public in 1972
- Management expresses confidence in long-term business fundamentals
- Strong cash generation capabilities highlighted
- None.
Andy Tometich, Chief Executive Officer and President commented, "This marks our 15th consecutive year of increasing our cash dividend and represents our 48th increase since going public in 1972. We remain confident in the long-term fundamentals of our business and our cash generation capabilities and are committed to enhancing shareholder value through our disciplined capital allocation strategy."
About Quaker Houghton
Quaker Houghton is the global leader in industrial process fluids. With a presence around the world, including operations in over 25 countries, our customers include thousands of the world's most advanced and specialized steel, aluminum, automotive, aerospace, offshore, container, mining, and metalworking companies. Our high-performing, innovative and sustainable solutions are backed by best-in-class technology, deep process knowledge and customized services. With approximately 4,400 employees, including chemists, engineers and industry experts, we partner with our customers to improve their operations so they can run even more efficiently, even more effectively, whatever comes next. Quaker Houghton is headquartered in
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SOURCE Quaker Houghton
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