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Article: Imation Corp. Increases Regular Cash Dividend by 14% to $0.16.
- Article from:
- PR Newswire
- Article date:
- May 2, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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OAKDALE, Minn., May 2 /PRNewswire-FirstCall/ -- Imation Corp. today announced that its Board of Directors approved an increase to the Company's quarterly cash dividend from $.14 per share to $.16 per share and declared a regular quarterly cash dividend of $0.16 per share, payable June 29, 2007 to shareholders of record at the close of business on June 15, 2007. This is the seventeenth consecutive quarterly dividend the Company's board has declared and the fourth increase since the dividend was initiated in 2003. Future dividends are subject to the discretion of the Board of Directors.
"Imation is pleased to be able to increase our dividend as a way to deliver ...