CONSHOHOCKEN, Pa., March 7, 2012 /PRNewswire/ -- The Board of Directors of Quaker Chemical Corporation (NYSE:KWR) today declared a quarterly dividend of $0.24 per share, payable on April 30, 2012, to shareholders of record at the close of business on April 16, 2012. Quaker Chemical Corporation is a leading global provider of process chemicals, chemical specialties, services, and technical expertise to a wide range of industries - including steel, aluminum, automotive, mining, aerospace, tube and pipe, coatings, and construction materials. Our products, technical solutions, and chemical management services enhance our customers' processes, improve their product quality, and lower their costs. Quaker's headquarters is located near Philadelphia in Conshohocken, Pennsylvania. SOURCE Quaker Chemical Corporation
Jefferies analysts note that recent construction spending data indicates a cycle rotation away from construction-exposed names and toward industrial- and durable goods-levered firms could be playing out.
Quaker Chemical Corporation (NYSE:KWR) hit a new 52-week high Thursday as it is currently trading at $46.16, above its previous 52-week high of $46.02 with 7,362 shares traded as of 11:19 a.m. ET. Average volume has been 54,400 shares over the past 30 days.