The Board of Directors of Quaker Chemical Corporation declared a quarterly dividend increase of 7% to $.23 per share from $.215 per share, payable on April 30, 2008, to shareholders of record at the close of business on April 16, 2008.
"Quaker is very pleased to be able to translate its outstanding 2007 performance into increased cash return for its shareholders," noted Ronald J. Naples, Chairman and Chief Executive Officer. "2007 was particularly satisfying in that it followed a year of considerable progress in 2006."
Quaker Chemical Corporation is a leading global provider of process chemicals, chemical specialties, services, and technical expertise to a wide range of industries -- including steel, automotive, mining, aerospace, tube and pipe, coatings, and construction materials.