STATESVILLE, N.C., Aug. 31, 2016 /PRNewswire/ -- Kewaunee
Scientific Corporation (Nasdaq: KEQU) announced today its Board of
Directors approved a fifteen percent increase in the quarterly cash
dividend to fifteen cents per outstanding share from
thirteen cents per outstanding share,
payable on September 26, 2016 to
stockholders of record at the close of business on September 12, 2016. We are confident the recent
improvements in our financial results reflect sustainable operating
improvements in our core business. As a result, we are increasing
our quarterly dividend by two
cents.
About Kewaunee Scientific
Founded in 1906, Kewaunee
Scientific Corporation is a recognized global leader in the design,
manufacture, and installation of laboratory, healthcare, and
technical furniture products. Products include steel, wood, and
laminate casework, fume hoods, adaptable modular systems, moveable
workstations, stand-alone benches, biological safety cabinets, and
epoxy resin worksurfaces and sinks.
The Company's corporate headquarters is located in Statesville, North Carolina. Direct sales
offices are located in the United
States, India, Singapore, and China. Three manufacturing facilities are
located in Statesville serving the
domestic and international markets, and one manufacturing facility
is located in Bangalore, India
serving the local and Asian markets. The Company's China headquarters, sales office, and assembly
operation are located in Suzhou Industrial Park, China. Kewaunee Scientific's website is
located at http://www.kewaunee.com.
Contact: Thomas D. Hull III
704/871-3290
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SOURCE Kewaunee Scientific Corporation