CONSHOHOCKEN, Pa., May 9, 2018 /PRNewswire/ -- The Board of
Directors of Quaker Chemical Corporation (NYSE: KWR) today declared
a $0.37 per share quarterly dividend,
a 4.2% increase compared to the quarterly dividends declared over
the past four quarters. The quarterly dividend is payable on
July 31, 2018, to shareholders of
record at the close of business on July 17,
2018.
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 42nd dividend increase in 46
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.
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SOURCE Quaker Chemical Corporation