Bemis Announces 27th Consecutive Annual Cash Dividend Increase and Approves CFO Succession Plan
Bemis Company, Inc. (NYSE: BMS) announced today that its Board of Directors has approved a 2.2 percent increase in the quarterly cash dividend, increasing it to 23.0 cents per share compared to the previous quarterly dividend of 22.5 cents per share. The cash dividend is payable on March 1, 2010, to shareholders of record at the close of business on February 16, 2010. This marks the 27th consecutive year that the Company has increased its dividend payment. Bemis has been paying an annual dividend on its stock since 1922.