Pall Corporation Increases Quarterly Dividend 20%

Published on Thursday, 19 January 2012 17:05 Written by TradersHuddle Staff

PORT WASHINGTON, N.Y.-( Business Wire )-

Pall Corporation (NYSE: PLL) today announced that its board of directors declared a 20 percent increase in its quarterly dividend to 21 cents per share.

“The board has increased the dividend again this year in support of our long-term commitment to create more value for our shareholders,” said Larry Kingsley, president & CEO. "We continue to generate ample free cash flow to fund growth across our global markets and deliver returns to shareholders.”

The dividend is payable on February 21, 2012, to shareholders of record on the close of business on February 7, 2012. This is the 8th consecutive year the company has increased its cash dividend.

About Pall Corporation

Pall Corporation (NYSE: PLL) is a filtration, separation and purification leader providing solutions to meet the critical fluid management needs of customers across the broad spectrum of life sciences and industry. Pall works with customers to advance health, safety and environmentally responsible technologies. The company’s engineered products enable process and product innovation and minimize emissions and waste. Pall Corporation, with total revenues of $2.7 billion for fiscal year 2011, is an S&P 500 company with almost 11,000 employees serving customers worldwide. Pall has been named a “top green company” by Newsweek magazine. To see how Pall is helping enable a greener, safer, more sustainable future, follow us on Twitter @PallCorporation or visit www.pall.com/green.

Investor RelationsPall CorporationPatricia Iannucci, 516-801-9848V.P. Investor Relations & Corporate Communicationspat_iannucci@pall.comFollow us on Twitter @PallCorporation