Tuesday October 28 9:26 AM EST
Company Press Release
Rubbermaid Increases Dividend
WOOSTER, Ohio, Oct. 28 /PRNewswire/ -- The board of directors of Rubbermaid Incorporated (NYSE:RBD) today increased the quarterly cash dividend by one cent, or seven percent, to 16 cents per common share. The dividend is payable December 1 to shareholders of record November 14.
This increase marks the 43rd consecutive year that the company has paid higher dividends per share to its shareholders. Wolfgang R. Schmitt, chairman and chief executive officer, said, ''The board's action reflects confidence in the long-term results of our company's realignment and growth initiatives.''
Rubbermaid Incorporated, headquartered in Wooster, Ohio, is a multi- national, leading brand manufacturer and marketer of high-quality, innovative products, including Rubbermaid(R) consumer and commercial products; Little Tikes(R) traditional toys and commercial play systems; and Graco(R) infant furnishings.
SOURCE Rubbermaid Incorporated |