Dividend Announcement by Matthews International Corporation
In a notable update for shareholders, Matthews International Corporation (NASDAQ: MATW) recently declared a dividend of $0.25 per share on its common stock. This announcement was made during a regular meeting of the Board of Directors, showcasing the company’s commitment to sharing its success with its investors.
Key Dates to Remember
The dividend is scheduled for payment on May 26, 2025, with shareholders of record on May 12, 2025. This timeline allows investors to stay informed and prepared for this key event in their financial calendars.
Overview of Matthews International Corporation
Established as a significant player in the industrial sector, Matthews International Corporation is renowned for its comprehensive range of industrial technologies, memorialization products, and innovative brand solutions. It operates through three distinct segments: Industrial Technologies, Memorialization, and SGK Brand Solutions.
Industrial Technologies Segment
The Industrial Technologies segment of Matthews International focuses on high-tech solutions tailored for energy storage, warehouse automation, and product identification. This segment plays a vital role in modern supply chain management with advanced technologies helping businesses track and fulfill product orders efficiently. Moreover, it offers cutting-edge solutions that benefit industries such as packaging, pharmaceuticals, and tissue.
Memorialization Segment
Transitioning to the Memorialization segment, Matthews stands as a leading provider of memorial products including caskets and cremation equipment. Their products offer solace to families navigating grief, enhancing the remembrance process in sensitive times. The quality and compassion behind these offerings resonate with many, making them a preferred choice for both cemetery and funeral home customers.
SGK Brand Solutions Segment
Lastly, the SGK Brand Solutions segment excels in creating impactful packaging solutions. By simplifying marketing strategies and amplifying brand presence, Matthews helps companies maximize their value in an increasingly competitive market. This commitment to brand enhancement fosters strong partnerships, helping businesses thrive while efficiently showcasing their unique identities.
Employee Commitment Across the Globe
With over 11,000 dedicated employees across more than 30 countries, Matthews International Corporation is committed to delivering high-quality products and services globally. This large workforce not only drives the company’s operational success but also embodies its values of innovation and quality.
Contact Information
For further inquiries, Matthews International Corporation's corporate office is located at Two NorthShore Center, Pittsburgh, PA 15212-5851. Interested parties can reach out at (412) 442-8200. For financial matters, you can contact Steven F. Nicola, the Chief Financial Officer.
Frequently Asked Questions
What is the amount of the declared dividend by Matthews International?
The declared dividend by Matthews International Corporation is $0.25 per share.
When will the dividend be payable?
The dividend will be payable on May 26, 2025, to shareholders of record as of May 12, 2025.
What segments does Matthews International operate in?
Matthews International operates in three main segments: Industrial Technologies, Memorialization, and SGK Brand Solutions.
How many employees does Matthews International have?
The company employs over 11,000 individuals in more than 30 countries worldwide.
Where is Matthews International's corporate office located?
The corporate office of Matthews International Corporation is at Two NorthShore Center, Pittsburgh, PA 15212-5851.
