Valspar Declares Quarterly Dividend

PR Newswire 19-May-2017 4:33 PM

MINNEAPOLIS, May 19, 2017 /PRNewswire/ -- The Valspar Corporation today announced that its Board of Directors declared a quarterly dividend of $0.37 per share on the company's common stock. The dividend is payable on June 8, 2017, to shareholders of record as of the close of business on June 1, 2017.

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If the previously announced merger of The Valspar Corporation with a wholly owned subsidiary of The Sherwin-Williams Company becomes effective prior to the close of business on June 1, 2017, the dividend will not be paid.

For 39 consecutive years, Valspar has increased dividends. Valspar is a member of the S&P High Yield Dividend Aristocrats, which is comprised of companies increasing dividends every year for at least 20 consecutive years.

Valspar: If it matters, we're on it.

Valspar is a global leader in the coatings industry providing customers with innovative, high-quality products and value-added services. Our 11,000 employees worldwide deliver advanced coatings solutions with best-in-class appearance, performance, protection and sustainability to customers in more than 100 countries. Valspar offers a broad range of superior coatings products for the consumer market, and highly-engineered solutions for the construction, industrial, packaging and transportation markets. Founded in 1806, Valspar is headquartered in Minneapolis. Valspar's shares are traded on the New York Stock Exchange (symbol: VAL). For more information, visit www.valspar.comand follow @valspar on Twitter.

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SOURCE Valspar Corporation

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