CONSHOHOCKEN, Pa., July 31, 2024 /PRNewswire/ -- The
Board of Directors of Quaker Houghton (NYSE: KWR) today declared a
$0.485 per share quarterly cash
dividend, an increase of approximately 7% over the prior dividend.
The quarterly dividend is payable on October 31, 2024, to shareholders of record at
the close of business on October 17, 2024.
Andy Tometich, Chief Executive
Officer and President commented, "This marks our 15th
consecutive year of increasing our cash dividend and represents our
48th increase since going public in 1972. We
remain confident in the long-term fundamentals of our business and
our cash generation capabilities and are committed to enhancing
shareholder value through our disciplined capital allocation
strategy."
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, container, 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 4,400 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