CONSHOHOCKEN, Pa., July 28,
2022 /PRNewswire/ -- The Board of Directors of Quaker
Houghton (NYSE: KWR) today declared a $0.435 per share quarterly cash dividend, a 5%
increase over the prior dividend. The quarterly dividend is
payable on October 31, 2022, to
shareholders of record at the close of business on October 17,
2022.
Andy Tometich, Chief Executive
Officer and President commented, "We are pleased to announce our
13th consecutive dividend increase and our 46th increase since
going public in 1972. This underscores our commitment to a
balanced capital allocation strategy and is supported by our
confidence in the future earnings and cash flow generation of the
Company."
About Quaker Houghton
Quaker Houghton is the global leader in industrial process
fluids. With a presence around the world, including operations in
over 25 countries, our customers include thousands of the world's
most advanced and specialized steel, aluminum, automotive,
aerospace, offshore, can, mining, and metalworking companies. Our
high-performing, innovative and sustainable solutions are backed by
best-in-class technology, deep process knowledge and customized
services. With approximately 4,700 employees, including chemists,
engineers and industry experts, we partner with our customers to
improve their operations so they can run even more efficiently,
even more effectively, whatever comes next. Quaker Houghton is
headquartered in Conshohocken,
Pennsylvania, located near Philadelphia in the
United States. Visit quakerhoughton.com to learn more.
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SOURCE Quaker Houghton