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Quaker Chemical Shakes Things Up With Half Penny Dividend Hike

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Things were beginning to shake, rattle, and roll with specialty chemicals maker Quaker Chemical  (NYSE: KWR  )  announcing yesterday that it was raising its second-quarter dividend to $0.25 per share, a half penny increase from the $0.245 per share it paid previously.

The board of directors said the quarterly dividend is payable on July 31 to the holders of record at the close of business on July 17.

Quaker Chemical Chairman, CEO, and President Michael F. Barry said: "For over 41 consecutive years, Quaker has paid dividends to its shareholders. This tradition includes 38 increases in our annual payout and reflects our continuing commitment to our shareholders and confidence in our future."

The regular dividend payment equates to a $1.00-per-share annual dividend yielding 1.6% based on the closing price of Quaker Chemical's stock on May 8.

KWR Dividend Chart

KWR Dividend data by YCharts
Chart does not reflect new, higher dividend payment


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Rich Duprey
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Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time.

Having made the streets safe for Truth, Justice and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. So follow me on Facebook and Twitter for the most important industry news in retail and consumer products and other great stories.

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Related Tickers

8/28/2015 12:54 PM
KWR $80.00 Down -0.13 -0.16%
Quaker Chemical Co… CAPS Rating: *****

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