Zurn Water Solutions Initiates a Quarterly Cash Dividend
October 21 2021 - 2:12PM
Business Wire
Zurn Water Solutions Corporation (NYSE: ZWS) announced today
that its Board of Directors initiated a quarterly common stock
dividend of $0.03 per share payable in cash on December 7, 2021 to
stockholders of record as of November 19, 2021.
“As we launch Zurn Water Solutions our Board of Directors has
decided to initiate a dividend to reflect our unwavering commitment
to delivering shareholder value,” said Todd A. Adams, Chairman and
Chief Executive Officer. “Our robust cash flow, strong financial
characteristics and low leverage supports our ability to
consistently pay a dividend while continuing to invest in our core
business to drive organic growth as well as to execute strategic
acquisitions.”
About Zurn Water Solutions
Headquartered in Milwaukee, Wisconsin, Zurn is a
growth-oriented, pure-play water business that designs, procures,
manufactures, and markets what we believe is the broadest
sustainable product portfolio of solutions to improve health, human
safety and the environment. The Zurn product portfolio includes
professional grade water control and safety, water distribution and
drainage, finish plumbing, hygienic and environmental and site
works products for public and private spaces. Additional
information about the Company can be found at
www.zurnwatersolutions.com.
Forward-Looking Statements
Information in this release may involve outlook, expectations,
beliefs, plans, intentions, strategies or other statements
regarding the future, which are forward-looking statements. These
forward-looking statements involve risks and uncertainties. All
forward-looking statements included in this release are based upon
information available to Zurn Water Solutions Corporation as of the
date of the release, and Zurn Water Solutions Corporation assumes
no obligation to update any such forward-looking statements. The
statements in this release are not guarantees of future
performance, and actual results could differ materially from
current expectations. Numerous factors could cause or contribute to
such differences. Please refer to “Risk Factors” and “Cautionary
Notice Regarding Forward-Looking Statements” in the Company’s Form
10-K for the transition period ended December 31, 2020 as well as
the Company’s annual, quarterly and current reports filed on Forms
10-K, 10-Q and 8-K from time to time with the SEC for a further
discussion of the factors and risks associated with the
business.
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version on businesswire.com: https://www.businesswire.com/news/home/20211021005963/en/
Investor Contact: Dave Pauli Vice President – Investor
Relations 414-223-7770
Media Contact: Angela Hersil Director, Corporate
Communications 855-480-5050 Corporate.Communications@Zurn.com
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