Valspar Declares Dividend; Boosts Quarterly Dividend to $0.20 from $0.18

The Valspar Corporation

announced today that the Company's Board of Directors have declared a quarterly dividend of 20 cents per share, payable January 13, 2012 to all common stockholders of record on January 3, 2012. The 20 cent dividend represents an 11.1 percent increase from the dividend in place over the last four quarters. This is the second consecutive year of double-digit dividend growth.