MINNEAPOLIS, Nov. 17, 2016 /PRNewswire/ -- The Valspar
Corporation today announced that its Board of Directors declared a
quarterly dividend of $0.37 per share
on the company's common stock. The dividend is payable on
December 15, 2016, to shareholders of
record on December 1, 2016.
The payment represents a 12% increase and marks the 39th
consecutive year the Corporation has increased the dividends.
Valspar is a member of the S&P High Yield Dividend
Aristocrats®, which is comprised of companies increasing dividends
every year for at least 20 consecutive years.
Valspar: If it matters, we're on it.®
Valspar is a global leader in the coatings industry providing
customers with innovative, high-quality products and value-added
services. Our 11,100 employees worldwide deliver advanced
coatings solutions with best-in-class appearance, performance,
protection and sustainability to customers in more than 100
countries. Valspar offers a broad range of superior coatings
products for the consumer market, and highly-engineered solutions
for the construction, industrial, packaging and transportation
markets. Founded in 1806, Valspar is headquartered in Minneapolis. Valspar's reported net sales in
fiscal 2015 were $4.4 billion and its
shares are traded on the New York Stock Exchange (symbol:VAL). For
more information, visit www.valspar.com and follow @valspar on
Twitter.
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SOURCE Valspar Corporation