CONSHOHOCKEN, Pa., May 4, 2016 /PRNewswire/ -- The Board of
Directors of Quaker Chemical Corporation (NYSE: KWR) today declared
a $0.345 per share quarterly
dividend, an 8% increase compared to the quarterly dividends
declared over the past four quarters. The quarterly dividend
is payable on July 29, 2016, to
shareholders of record at the close of business on July 15, 2016.
Michael F. Barry, Chairman, Chief
Executive Officer and President commented, "Quaker is committed to
growing the Company and returning cash to our shareholders. 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. We are pleased to say
that this is our 40th dividend increase in 44
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 nearly 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.
Logo -
http://photos.prnewswire.com/prnh/20120910/PH70044LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/quaker-chemical-announces-8-increase-in-cash-dividend-300262910.html
SOURCE Quaker Chemical Corporation