Banta Corporation Increases Its Quarterly Dividend
Press release from the issuing company
MENASHA, Wis., July 31 Directors of Banta Corporation today declared a dividend of 16 cents per common share, a 7 percent increase over the previous quarter's 15-cent dividend. The new dividend is payable Nov. 1, 2001, to shareholders of record Oct. 19, 2001.
Chairman Donald D. Belcher notes the dividend increase will make 2001 the 24th consecutive year of increased dividends to shareholders. "A steadily increasing dividend is an important component of our total return to shareholders,'' says Belcher. "This increase also reflects the Board's confidence in Banta's continuing ability to produce strong cash flow.''
Banta Corporation is a technology and market leader in printing and supply-chain management. Banta provides a comprehensive combination of printing and digital imaging solutions to leading publishers and direct marketers, including advanced digital content management and e-business services. Banta's supply-chain management businesses provide a wide range of outsourcing capabilities to the world's largest technology companies. Services range from component procurement, product assembly and packaging to inventory control and global distribution.