CHARLOTTE, N.C.--(BUSINESS WIRE)--EnPro Industries, Inc. (NYSE: NPO) yesterday declared a quarterly dividend of $0.22 per share which is a 5% increase from the previous quarterly dividends of $0.21 per share paid. The dividend is payable March 15, 2017 to shareholders of record as of the close of business on March 1, 2017. “This increase in the dividend follows a similar 5% increase last year and reflects our strategy of thoughtfully returning capital to shareholders to the extent it exceeds our anticipated needs for internal capital and growth investment,” said Steve Macadam, President and Chief Executive Officer.
About EnPro Industries
EnPro Industries, Inc. is a leader in sealing products, metal polymer and filament wound bearings, components and service for reciprocating compressors, diesel and dual-fuel engines and other engineered products for use in critical applications by industries worldwide. For more information about EnPro, visit the company’s website at http://www.enproindustries.com.