The Board of Directors of
Matthews International Corporation (Nasdaq: MATW) today declared a quarterly
dividend of $0.07 per share on the Company’s common stock. The quarterly
dividend has been increased one-half cent per share from $0.065 to $0.07. The
dividend is payable November 16, 2009 to stockholders of record November 2,
2009.
Joseph C. Bartolacci, President and Chief Executive Officer, stated, “Despite
the challenges of fiscal 2009, we continue to have confidence in our long-term
strategies. Accordingly, Matthews believes a modest increase in our dividend
is appropriate.” Mr. Bartolacci noted that this was the Corporation’s 15th
dividend increase since Matthews became a publicly traded stock in July 1994.
Matthews International Corporation, headquartered in Pittsburgh, Pennsylvania,
is a designer, manufacturer and marketer principally of memorialization
products and brand solutions. Memorialization products consist primarily of
bronze memorials and other memorialization products, caskets and cremation
equipment for the cemetery and funeral home industries. Brand solutions
include graphics imaging products and services, marking products, and
merchandising solutions. The Company’s products and services include cast
bronze memorials and other memorialization products; caskets; cast and etched
architectural products; cremation equipment and cremation-related products;
mausoleums; brand management; printing plates and cylinders, pre-press
services and imaging services for the primary packaging and corrugated
industries; marking and coding equipment and consumables, and industrial
automation products for identifying, tracking and conveying various consumer
and industrial products, components and packaging containers; and
merchandising display systems and marketing and design services.
SOURCE: Matthews International Corporation
Steven F. Nicola, Chief Financial Officer, Secretary & Treasurer,
+1-412-442-8262
