Bemis Company Declares Regular Quarterly Dividend
May 04 2017 - 6:00AM
Business Wire
The Board of Directors of Bemis Company, Inc. (NYSE:BMS) has
declared a regular quarterly cash dividend of 30 cents per share.
The dividend is payable June 1, 2017, to shareholders of record at
the close of business on May 17, 2017. Bemis has paid an annual
dividend on its common stock since 1922. Bemis has been included in
Standard & Poor's list of Dividend Aristocrats since 2008.
“We remain committed to our dividend program, which is an
important part of our shareholders' total return on investment in
Bemis Company," said William F. Austen, Bemis Company's President
and Chief Executive Officer. "This is the 34th consecutive year we
have increased our annual cash dividend, reflecting confidence in
our ability to generate strong cash flow."
FORWARD-LOOKING STATEMENTS
Statements in this release that are not historical, including
statements relating to the expected future performance of the
Company, are considered “forward-looking” and are presented
pursuant to the safe harbor provisions of the Securities Litigation
Reform Act of 1995. Such content is subject to certain risks and
uncertainties, including but not limited to general economic
conditions, future changes in cost or availability of raw
materials, our ability to adjust selling prices, consumer buying
patterns, changes in customer order patterns, the results of
competitive bid processes, costs associated with divestitures or
the pursuit of business combinations, plant closures, a failure in
our information technology infrastructure or applications, foreign
currency fluctuations, changes in working capital requirements,
changes in government regulations, and the availability and related
cost of financing from banks and capital markets. Actual future
results and trends may differ materially from historical results or
those projected in any such forward-looking statements depending on
a variety of factors, which are detailed in the Company's regular
SEC filings including the most recently filed Form 10-K for the
year ended December 31, 2016.
ABOUT BEMIS COMPANY, INC.
Bemis Company, Inc. (“Bemis” or the “Company”) is a major
supplier of flexible and rigid plastic packaging used by leading
food, consumer products, healthcare, and other companies worldwide.
Founded in 1858, Bemis reported 2016 net sales from continuing
operations of $4.0 billion. Bemis has a strong technical base in
polymer chemistry, film extrusion, coating and laminating,
printing, and converting. Headquartered in Neenah, Wisconsin, Bemis
employs approximately 17,500 individuals worldwide. More
information about Bemis is available at our website,
www.bemis.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170504005502/en/
Bemis Company Inc.Erin M. Winters,
920-527-5288Director of Investor Relations
Bemis (NYSE:BMS)
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