CLARCOR Announces 8.3% Dividend Increase and Declares Regular Quarterly Dividend
FRANKLIN, Tenn.--(BUSINESS WIRE)--The CLARCOR Inc. (NYSE:CLC) Board of Directors at the September 30, 2009 board meeting declared an increase in the regular quarterly dividend from $0.09 per share to $0.0975 per share. This increase raises the annual rate from $0.36 per share to $0.39 per share, an 8.3% increase and the 26th consecutive annual increase. The dividend is payable October 23, 2009 to shareholders of record October 9, 2009.
CLARCOR is based in Franklin, Tennessee and is a diversified marketer and manufacturer of mobile, industrial and environmental filtration products and consumer and industrial packaging products sold in domestic and international markets. Common shares of the Company are traded on the New York Stock Exchange under the symbol CLC.
