SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Carlisle Companies (NYSE: CSL) announced today that its Board of Directors has approved an 8.1% increase in the Company’s regular quarterly dividend from $0.37 per share to $0.40 per share, or to $1.60 per share on an annualized basis.
The dividend is payable on September 4, 2018 to shareholders of record at the close of business on August 20, 2018. This marks the 42nd consecutive year of dividend increases for Carlisle shareholders.
D. Christian “Chris” Koch, President and Chief Executive Officer, said, "We take great pride in raising our dividend for the 42nd consecutive year. Today's dividend increase reflects confidence in Vision 2025, and our ability to deliver sustained, long-term profitable growth for our shareholders."
About Carlisle Companies Incorporated
Carlisle Companies Incorporated is a diversified, global portfolio of niche brands and businesses with highly engineered and high margin products. Carlisle is committed to generating superior shareholder returns by combining a unique management style of decentralization, entrepreneurial spirit, active M&A, and a balanced approach to capital deployment, all with a culture of continuous improvement as embodied in the Carlisle Operating System. Carlisle’s markets include: commercial roofing, specialty polyurethane, agriculture, mining, construction, aerospace, medical, defense, transportation, industrial, protective coating and auto refinishing. Carlisle’s worldwide team of employees generated $4.1 billion in revenues in 2017. Learn more about Carlisle at www.carlisle.com.