Matthews International Corporation announced on April 29 that its Board of Directors has declared a quarterly dividend of $0.255 per share on the company’s common stock.
The company said the dividend will be payable on May 25 to shareholders of record as of May 11. Matthews International operates two main global businesses: Industrial Technologies and Memorialization, both focused on operational efficiency and long-term growth through innovation and strategic expansion.
The Industrial Technologies segment has evolved from the company’s original marking business into a global innovator in precision technologies and intelligent processes. The Memorialization segment provides products such as memorials, caskets, and cremation equipment primarily to cemetery and funeral home customers. Additionally, Matthews International holds a significant investment in Propelis, a brand solutions business formed through the merger of SGK and SGS & Co., offering integrated services like brand creative, packaging, print solutions, branded environments, and content production.
The company employs more than 4,300 people across 15 countries on four continents. In its forward-looking statement section, Matthews International noted that future results may differ materially from current expectations due to risks including economic conditions, foreign currency fluctuations, interest rate changes, supply chain disruptions or costs related to materials or tariffs. Other risks mentioned include labor shortages or cost increases; competitive pressures; cybersecurity threats; compliance with laws; technological factors outside company control; pandemics or similar outbreaks; global conflicts such as those in Ukraine or the Middle East; sanctions involving Venezuela; board plans and expectations regarding strategies for its portfolio businesses.
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