Bemis Company Announces 30th Consecutive Annual Dividend Increase
Bemis Company, Inc. (NYSE: BMS) announced today that its Board of Directors has approved a 4 percent increase in the quarterly cash dividend, increasing it to 26 cents per share compared to the previous quarterly dividend of 25 cents per share. The cash dividend is payable on March 1, 2013, to shareholders of record at the close of business on February 19, 2013. This marks the 30th consecutive year that the Company has increased its dividend payment. Bemis has been paying an annual dividend on its stock since 1922 and has been included in Standard & Poor's list of Dividend Aristocrats since 2008.
"Our dividend program is an important part of our shareholders' total return on investment in Bemis Company," said Henry Theisen, Bemis Company's President and Chief Executive Officer. "This is our 30 th consecutive annual dividend increase, reflecting the confidence of our Board of Directors in our ability to continue to generate strong cash flow into the future and achieve our long-term earnings per share growth targets."
ABOUT BEMIS COMPANY, INC.
Bemis Company, Inc. is a major supplier of packaging and pressure
sensitive materials used by leading food, consumer products, healthcare,
and other companies worldwide. Founded in 1858, Bemis Company is
included in the S&P 500 index of stocks and reported 2012 net sales of
$5.1 billion. Bemis has a strong technical base in polymer chemistry,
film extrusion, coating and laminating, printing, and converting.
Headquartered in Neenah, Wisconsin, Bemis employs approximately 20,000
individuals worldwide. More information about Bemis is available at our
website,
www.bemis.com.
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
