The Estée Lauder Companies Inc. (NYSE:EL) announced today an increase in the quarterly dividend on the Company’s Class A and Class B Common Stock to $.20 per share. The dividend amount represents an 11% increase over the previous quarterly rate of $.18 per share. The $.20 per share quarterly dividend will be payable on December 16, 2013 to stockholders of record at the close of business on November 29, 2013.
The Estée Lauder Companies Inc. is one of the world’s leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products. The Company’s products are sold in over 150 countries and territories under the following brand names: Estée Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, M•A•C, Bobbi Brown, Tommy Hilfiger, Kiton, La Mer, Donna Karan, Aveda, Jo Malone, Bumble and bumble , Darphin, Michael Kors, American Beauty, Flirt!, GoodSkin Labs, Grassroots Research Labs, Tom Ford, Coach, Ojon, Smashbox, Ermenegildo Zegna, Aerin Beauty, Osiao, Marni and Tory Burch.
An electronic version of this release can be found at the Company’s website, www.elcompanies.com.