CONSHOHOCKEN, Pa., May 8, 2019 /PRNewswire/ -- The Board of
Directors of Quaker Chemical Corporation (NYSE: KWR) today declared
a $0.385 per share quarterly
dividend, a 4.1% increase compared to the quarterly dividends
declared over the past four quarters. The quarterly dividend is
payable on July 31, 2019, to
shareholders of record at the close of business on July 17, 2019.
Michael F. Barry, Chairman, Chief
Executive Officer and President commented, "Quaker is committed to
growing the Company and our dividend. Our strong cash flow
generation and our confidence in the future earnings of the Company
allow us to continue our consistent dividend payout and support
this increase, while striking a balance with the expected future
demands on cash from our Houghton combination. We are pleased to
say that this is our 43rd dividend increase in 47
consecutive years of paying dividends."
About Quaker
Quaker Chemical is a leading global provider of
process fluids, chemical specialties, and technical expertise
to a wide range of industries, including steel, aluminum,
automotive, mining, aerospace, tube and pipe, cans, and
others. For over 100 years, Quaker has helped customers
around the world achieve production efficiency, improve product
quality, and lower costs through a combination of innovative
technology, process knowledge, and customized services.
Headquartered in Conshohocken,
Pennsylvania USA, Quaker serves businesses worldwide with
a network of dedicated and experienced professionals
whose mission is to make a difference.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/quaker-chemical-announces-4-1-increase-in-cash-dividend-300846458.html
SOURCE Quaker Chemical Corporation