The Board of Directors of Sensient Technologies Corporation (NYSE: SXT) has declared a regular quarterly cash dividend on its common stock of $0.22 per share, an increase of $0.01 per share per quarter. The cash dividend will be paid on June 1, 2012, to shareholders of record on May 9, 2012.
“We want our shareholders to benefit from our continued strong performance,” said Kenneth P. Manning, Chairman, President and CEO of Sensient Technologies Corporation. “This increase raises our dividend payments to 88 cents per share annually and reflects confidence in the strength of our business. With this increase, our quarterly dividend has risen by 38% over the past five years.”
Sensient Technologies Corporation is a leading global manufacturer and marketer of colors, flavors and fragrances. Sensient employs advanced technologies at facilities around the world to develop specialty food and beverage systems, cosmetic and pharmaceutical systems, inkjet and specialty inks and colors, and other specialty and fine chemicals. The Company’s customers include major international manufacturers representing most of the world’s best-known brands. Sensient is headquartered in Milwaukee, Wisconsin.