dividend
confidence high
sentiment positive
materiality 0.65
H.B. Fuller raises quarterly dividend 13% to $0.19; authorizes $300M share repurchase
FULLER H B CO
- Quarterly dividend increased 13% from $0.1675 to $0.19 per share, payable May 5, 2022 to shareholders of record April 21, 2022.
- 53rd consecutive year of dividend increase; reflects confidence in global adhesives growth.
- Board authorized up to $300M share repurchase over five years, replacing previous plan from April 2017.
- Voting results: all three director nominees elected; say-on-pay and auditor ratification approved.
- CEO Jim Owens cited financial strength and cash flow resiliency as support for dividend and buyback.