The company's quarterly dividend has grown at a double-digit compound annual growth rate since it was reinstated in 2006. The company continues to expect, subject to board approval, an increasing dividend over time.
About
At
This press release contains forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, about the future performance of the company. These statements are based on management's assumptions and beliefs in light of the information currently available to it. Such statements are indicated by the words 'expect,' 'continues,' 'strategy,' 'goals,' and 'deliver.' Our ability to continue to fund dividends and increase our dividend over time will be affected by our ability to generate free cash flow at the levels anticipated and our ability to generate expected operating results. Our ability to deliver strong and sustainable shareholder returns will be affected by our ability to achieve sales, earnings, incremental FIFO operating profit, and adjusted free cash flow goals. These forward-looking statements are subject to uncertainties and other factors that could cause actual results to differ materially. We assume no obligation to update the information contained herein. Please refer to
SOURCE
(C) 2022 Electronic News Publishing, source