Balchem Corporation Announces Dividend
2023年12月6日 - 6:15AM
Balchem Corporation (NASDAQ: BCPC) today announced that on December
4, 2023, its Board of Directors declared a dividend on its shares
of common stock equal to $0.79 per share on the Company’s issued
and outstanding Common Stock, to be payable on January 19, 2024 to
stockholders of record at the close of business on December 27,
2023. This dividend represents an 11.3% increase over last year’s
annual dividend.
Ted Harris, Balchem’s CEO and President, said,
“Balchem has a long-standing commitment to an annual dividend and
we are pleased to announce the continuation of that commitment.
This dividend represents the fifteenth consecutive increase in our
annual dividend, reflecting both the consistently outstanding
financial performance the company has delivered and the Board’s
continued confidence in our long-term strategies.”
About Balchem Corporation
Balchem Corporation develops, manufactures and
markets specialty ingredients that improve and enhance the health
and well-being of life on the planet, providing state-of-the-art
solutions and the finest quality products for a range of industries
worldwide. The company reports three business segments: Human
Nutrition & Health; Animal Nutrition & Health; and
Specialty Products. The Human Nutrition & Health segment
delivers customized food and beverage ingredient systems, as well
as key nutrients into a variety of applications across the food,
supplement and pharmaceutical industries. The Animal Nutrition
& Health segment manufactures and supplies products to numerous
animal health markets. Through Specialty Products, Balchem provides
specialty-packaged chemicals for use in healthcare and other
industries, and also provides chelated minerals to the
micronutrient agricultural market.
Forward-Looking Statements
This release contains forward-looking
statements, which reflect Balchem’s expectation or belief
concerning future events that involve risks and uncertainties.
Balchem can give no assurance that the expectations reflected in
forward-looking statements will prove correct and various factors
could cause results to differ materially from Balchem’s
expectations, including risks and factors identified in Balchem’s
Annual Report on Form 10-K for the year ended December 31, 2022 and
other factors that may be identified in our other SEC filings.
Forward-looking statements are qualified in their entirety by the
above cautionary statement. Balchem assumes no obligation to update
or revise any forward-looking statements as of any future date.
Contact: |
Jacqueline Yarmolowicz |
|
Balchem Corporation (Telephone: 845-326-5600) |
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