Carlisle Companies Announces 25% Dividend Increase, its 43rd Consecutive Year of Dividend Increases
02 August 2019 - 2:22AM
Business Wire
Carlisle Companies (NYSE:CSL) announced today that its Board of
Directors has approved a 25% increase in the Company’s regular
quarterly dividend from $0.40 per share to $0.50 per share, or to
$2.00 per share on an annualized basis. The dividend is payable on
September 3, 2019 to shareholders of record at the close of
business on August 20, 2019.
Chris Koch, President and Chief Executive Officer, said, "In
recognition of our strong financial position and confidence in our
ability to deliver sustained, long-term profitable growth for our
shareholders, we are pleased to announce an increase to our
quarterly dividend for the 43rd consecutive year. This increase is
further evidence that we are executing on our Vision 2025 capital
deployment strategy."
About Carlisle Companies
Incorporated
Carlisle Companies Incorporated is a diversified, global
portfolio of niche brands and businesses that manufactures highly
engineered products and solutions for our customers. Carlisle is
committed to generating superior shareholder returns by combining a
unique management style of decentralization, entrepreneurial
spirit, active M&A, and a balanced approach to capital
deployment, all with a culture of continuous improvement as
embodied in the Carlisle Operating System. Carlisle’s markets
include: commercial roofing, specialty polyurethane, architectural
metal, aerospace, medical, defense, transportation, industrial,
protective coating, auto refinishing, agriculture, mining, and
construction. Carlisle’s worldwide team of employees generated $4.5
billion in net sales in 2018. Learn more about Carlisle at
www.carlisle.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190801005776/en/
Jim Giannakouros, CFA Vice President of Investor Relations and
FP&A Carlisle Companies Incorporated
jgiannakouros@carlisle.com
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