Ecolab Increases Cash Dividend 8%
07 Dezembro 2023 - 6:30PM
Business Wire
32nd Consecutive Annual Cash Dividend
Increase
The board of directors of Ecolab Inc. today declared an 8%
increase in the company’s quarterly cash dividend to $0.57 per
common share, to be paid January 16, 2024, to shareholders of
record at the close of business on December 19, 2023. This increase
results in a new indicated annual cash dividend of $2.28 per share
in 2024 and represents Ecolab’s 32nd consecutive annual dividend
rate increase.
Ecolab has paid cash dividends on its common stock for 87
consecutive years.
Commenting on the increase, Christophe Beck, Ecolab’s Chairman
and Chief Executive Officer said, “The robust growth in Ecolab’s
cash dividend reflects our strong business momentum heading into
2024, excellent cash flow, and our commitment to returning to
historical dividend payout ratio levels. We remain committed to
enhancing total shareholder returns through strong growth in our
business and attractive cash dividends.”
About Ecolab
A trusted partner for millions of customers, Ecolab (NYSE:ECL)
is a global sustainability leader offering water, hygiene and
infection prevention solutions and services that protect people and
the resources vital to life. Building on a century of innovation,
Ecolab has annual sales of $14 billion, employs more than 47,000
associates and operates in more than 170 countries around the
world. The company delivers comprehensive science-based solutions,
data-driven insights and world-class service to advance food
safety, maintain clean and safe environments, and optimize water
and energy use. Ecolab’s innovative solutions improve operational
efficiencies and sustainability for customers in the food,
healthcare, life sciences, hospitality and industrial markets.
www.ecolab.com
Follow us on LinkedIn @Ecolab, Twitter @Ecolab, Instagram
@Ecolab_Inc and Facebook @Ecolab.
(ECL-D)
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