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Article: Great Lakes Chemical Corporation increases regular quarterly dividend.
- Article from:
- PR Newswire
- Article date:
- March 13, 1989
CopyrightCOPYRIGHT 1989 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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GREAT LAKES CHEMICAL CORPORATION INCREASES REGULAR QUARTERLY DIVIDEND
WEST LAFAYETTE, Ind., March 13 /PRNewswire/ -- Emerson Kampen, chairman and chief executive officer of Great Lakes Chemical Corporation (NYSE: GLK), today announced that the board of directors increased the company's regular quarterly dividend from 18 cents to 19 cents per share payable on April 25, 1989, to the holders of record of the common stock of the corporation on April 1, 1989. This marks the second dividend increase in the last twelve months and raises the current indicated dividend rate to 76 cents.
The company recently reported record earnings and revenues for 1988. ...