Matthews International Corp. reports developments from two core global businesses: Memorialization and Industrial Technologies. Memorialization news centers on memorials, caskets, cremation and incineration equipment, cemetery and funeral home customers, pricing, volume trends, acquisitions and productivity initiatives. Industrial Technologies updates include marking technologies, MPERIA® Axian Inkjet systems and proprietary dry battery electrode solutions for battery manufacturing.
Company releases also cover quarterly results, dividends on Class A common stock, debt refinancing and debt reduction, the Propelis brand solutions investment, governance actions approved at shareholder meetings and arbitration-related disclosures tied to dry battery electrode equipment.
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Matthews International Corporation (NASDAQ GSM: MATW) has declared a $0.23 per share dividend on its common stock, to be paid on May 22, 2023. Stockholders of record as of May 8, 2023 will receive this dividend. The announcement reflects the company's ongoing commitment to returning value to its shareholders.
Matthews operates through three segments: Memorialization, Industrial Technologies, and SGK Brand Solutions, employing around 12,000 people across more than 30 countries. The Memorialization segment provides essential products and services to cemetery and funeral home customers, while the other segments focus on high-tech energy solutions and brand experiences.