FRANKLIN, Tenn. (AP) -- Clarcor Inc., which makes filters and filter systems, said Thursday that its board declared an increase in the regular quarterly dividend to 9.75 cents per share from 9 cents.
The increase raises the annual rate to 39 cents per share from 36 cents, marking an 8.3 percent increase and the company's 26th consecutive annual increase.
The dividend is payable Oct. 23 to shareholders of record Oct. 9.
Copyright © 2009 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten, or redistributed without the prior written authority of The Associated Press.