Sensient Technologies Corp. (SXT: Quote) said Thursday that its Board of Directors has declared a regular quarterly cash dividend on its common stock of $0.22 per share, an increase of $0.01 per share per quarter.
The cash dividend will be paid on June 1 to shareholders of record on May 9.
Kenneth Manning, Chairman, President and CEO of Sensient Technologies, said, "This increase raises our dividend payments to 88 cents per share annually and reflects confidence in the strength of our business. With this increase, our quarterly dividend has risen by 38% over the past five years."
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by RTT Staff Writer
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