CONSHOHOCKEN, Pa., March 6, 2013 /PRNewswire/ -- The Board of Directors of Quaker Chemical Corporation (NYSE: KWR) today declared a quarterly dividend of $0.245 per share, payable on April 30, 2013, to shareholders of record at the close of business on April 16, 2013. (Logo: http://photos.prnewswire.com/prnh/20120910/PH70044LOGO) Quaker Chemical is a leading global provider of process fluids, chemical specialties, and technical expertise to a wide range of industries, including steel, aluminum, automotive, mining, aerospace, tube and pipe, cans, and others. For nearly 100 years, Quaker has helped customers around the world achieve production efficiency, improve product quality, and lower costs through a combination of innovative technology, process knowledge, and customized services. Headquartered in Conshohocken, Pennsylvania USA, Quaker serves businesses worldwide with a network of dedicated and experienced professionals whose mission is to make a difference. 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.