Bemis Announces 29th Consecutive Annual Cash Dividend Increase
(Thomson Reuters ONE) -
NEENAH, WISCONSIN, February 2, 2012 -- Bemis Company, Inc. (NYSE: BMS)
announced today that its Board of Directors has approved a 4.2 percent increase
in the quarterly cash dividend, increasing it to 25 cents per share compared to
the previous quarterly dividend of 24 cents per share. The cash dividend is
payable on March 1, 2012, to shareholders of record at the close of business on
February 15, 2012. This marks the 29th consecutive year that the Company has
increased its dividend payment. Bemis has been paying an annual dividend on its
stock since 1922 and has been included in S&P's list of Dividend Aristocrats
since 2008.
"Our dividend program is an important part of our shareholders' total return on
investment in Bemis Company," said Henry Theisen, Bemis Company's President and
Chief Executive Officer. "The fact that our annual cash dividend has increased
consecutively for 29 years demonstrates our consistent confidence in Bemis'
future growth and expectations for continued strong cash flow."
ABOUT BEMIS COMPANY, INC.
Bemis Company is a major supplier of flexible packaging and pressure sensitive
materials used by leading food, consumer products, and healthcare companies
worldwide. Founded in 1858, the Company is included in the S&P 500 index of
stocks and reported 2011 net sales of $5.3 billion. The Company's flexible
packaging business has a strong technical base in polymer chemistry, film
extrusion, coating and laminating, printing, and converting. Headquartered in
Neenah, Wisconsin, Bemis employs approximately 20,000 individuals worldwide.
More information about the Company is available atwww.bemis.com.
Bemis Company, Inc.
One Neenah Center, 4th Floor
P.O. Box 669
Neenah, Wisconsin 54957-0669
For additional information please contact:
Melanie E. R. Miller
Vice President, Investor Relations and Treasurer
(920) 527-5045
Kristine Pavletich
Public Relations Specialist
(920) 527-5159
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Bemis Company Inc via Thomson Reuters ONE
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