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Bemis Company Announces 34th Consecutive Annual Dividend Increase

Approved a 3.4% increase in the quarterly cash dividend, increasing it to 30 cents per share.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Bemis Company, Inc. announced that its Board of Directors has approved a 3.4% increase in the quarterly cash dividend, increasing it to 30 cents per share compared to the previous quarterly dividend of 29 cents per share. The cash dividend is payable on March 1, 2017, to shareholders of record at the close of business on February 21, 2017.
 
This marks the 34th consecutive year that the company has increased its dividend payment. Bemis has been paying an annual dividend on its stock since 1922 and has been included in Standard & Poor’s list of Dividend Aristocrats since 2008.
 
“Our dividend program is an important part of our shareholders’ total return on investment in Bemis Company,” said William F. Austen, Bemis Company’s president and CEO. “Our annual cash dividend has increased consecutively for 34 years, reflecting our confidence in our ability to generate strong cash flow and future growth.”

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