Aptar Increases Quarterly Dividend by Nearly 10% Due to Continued Strong Performance
11 Julio 2024 - 4:00PM
Business Wire
Following an increase of almost 8% a year
ago
AptarGroup, Inc. (NYSE: ATR), a global leader in drug delivery,
consumer product dosing, dispensing and protection technologies,
today declared a quarterly cash dividend of $0.45 per share, an
almost 10% increase from the previous dividend amount, bringing the
new annualized dividend to $1.80 per share. The payment date is
August 15, 2024, to stockholders of record as of July 25, 2024.
Stephan B. Tanda, Aptar President and CEO, commented, “In light
of our continued strong performance across all of our key financial
metrics, as well as future growth opportunities, the Board of
Directors approved an increase in the quarterly dividend. Over the
last five years, we have returned more than $780 million to our
stockholders through dividends and share repurchases and with this
increase, we are on track for our 31st consecutive year of paying
an increasing total annual dividend.”
As previously announced, Aptar will hold a conference call on
Friday, July 26, 2024 at 8:00 a.m. Central Time to discuss the
Company’s second quarter results for 2024. The call will last
approximately one hour. Interested parties are invited to listen to
a live webcast by visiting the Investors page at www.aptar.com.
Replay of the conference call can also be accessed for a limited
time on the Investor Relations page of the website.
About Aptar
Aptar is a global leader in drug and consumer product dosing,
dispensing and protection technologies. Aptar serves a number of
attractive end markets including pharmaceutical, beauty, food,
beverage, personal care and home care. Using market expertise,
proprietary design, engineering and science to create innovative
solutions for many of the world’s leading brands, Aptar in turn
makes a meaningful difference in the lives, looks, health and homes
of millions of patients and consumers around the world. Aptar is
headquartered in Crystal Lake, Illinois and has over 13,000
dedicated employees in 20 countries. For more information, visit
www.aptar.com.
This press release contains forward-looking statements,
including regarding our annualized dividends. Expressions or future
or conditional verbs such as “will” are intended to identify such
forward-looking statements. Forward-looking statements are made
pursuant to the safe harbor provisions of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934 and are based on our beliefs as well as assumptions
made by and information currently available to us. Accordingly, our
actual results or other events may differ materially from those
expressed or implied in such forward-looking statements due to
known or unknown risks and uncertainties that exist in our
operations and business environment including, but not limited to:
the successful integration of acquisitions; the regulatory
environment; and competition, including technological advances. For
additional information on these and other risks and uncertainties,
please see our filings with the Securities and Exchange Commission,
including the discussion under “Risk Factors” and “Management’s
Discussion and Analysis of Financial Condition and Results of
Operations” in our Form 10-Ks and Form 10-Qs. We undertake no
obligation to update publicly any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20240711512005/en/
Investor Relations Contact:
Mary Skafidas mary.skafidas@aptar.com +1 347-351-6407
Media Contact: Katie Reardon
katie.reardon@aptar.com +1 815-479-5671
AptarGroup (NYSE:ATR)
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