Cantel Medical Announces 17.6% Increase In Semiannual Dividend
LITTLE FALLS, N.J. /PRNewswire/ -- Cantel Medical Corporation (NYSE: CMD) announced today that its Board of Directors approved an increase in its semiannual cash dividend from $0.085 to $0.10 per outstanding share of the Company's Common Stock. The dividend is payable on January 31, 2019 to shareholders of record at the close of business on January 17, 2019.
"We are pleased to announce the increase in our dividend, which will raise our annual payment from $0.17 to $0.20 per share. This is the 9th consecutive year that we have increased our dividend. The 17.6% increase is a direct result of record sales and strong earnings performance and demonstrates our confidence in the future success of Cantel," stated Charles M. Diker, Chairman of the Board. "We remain committed to enhancing value for our shareholders and the dividend is an important component."
For further information, visit the Cantel website at www.cantelmedical.com.
View original content to download multimedia:http://www.prnewswire.com/news-releases/cantel-medical-announces-17-6-increase-in-semiannual-dividend-300768942.html
SOURCE Cantel Medical Corp.
Company Codes: NYSE:CMD