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Article: Great Lakes Chemical Corporation announces dividend increase.
- Article from:
- PR Newswire
- Article date:
- September 17, 1990
CopyrightCOPYRIGHT 1990 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 ANNOUNCES DIVIDEND INCREASE
WEST LAFAYETTE, Ind., Sept. 17 /PRNewswire/ -- Emerson Kampen, chairman, president 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 $.11 to $.12 per share, payable on Oct. 30, 1990 to the holders of record of the common stock of the corporation on Oct. 1, 1990.
This action marks the second dividend increase in the last 12 months and raises the current indicated dividend rate to $.48, a 26 percent gain from the $.38 paid in 1989. Great Lakes has increased its dividend in each of the past ...