ST. LOUIS, Aug. 10, 2011 /PRNewswire/ -- At the Board of
Directors meeting held August 9,
2011, the Directors took the following actions:
Dividend: The Directors declared a quarterly cash dividend
of $.18 per share. This represents an
increase of 12.5% over the dividend payout in the prior year
quarter. The dividend is payable on September 15, 2011 to shareholders of record on
September 1, 2011.
Executive Compensation: At the Company's Annual Meeting of
Shareholders on May 3, 2011, the
shareholders cast the highest number of votes for annual advisory
votes on executive compensation. In light of this result and other
factors considered by the Directors at their most recent meeting,
they determined that the Company will solicit annual approval, on
an advisory basis, of the compensation of its named executive
officers until the next advisory vote on the frequency occurs. The
next non-binding vote regarding the frequency of advisory votes on
executive compensation is required to be held no later than the
Company's 2017 Annual Meeting of Shareholders, although an earlier
vote regarding the frequency may be held at the discretion of the
Board.
About Sigma-Aldrich: Sigma-Aldrich is a leading Life
Science and High Technology company.
Our biochemical and organic chemical products and kits are
used in scientific research, including genomic and proteomic
research, biotechnology, pharmaceutical development, and as key
components in pharmaceutical, diagnostic and other high technology
manufacturing. We have customers in life science companies,
university and government institutions, hospitals and in industry.
Over one million scientists and technologists use our
products. Sigma-Aldrich operates in 40 countries and has
8,300 employees providing excellent service worldwide. We are
committed to accelerating our Customers' success through leadership
in Life Science, High Technology and
Service. For more information about
Sigma-Aldrich, please visit our award winning web site at
www.sigma-aldrich.com.
SOURCE Sigma-Aldrich