Ball Corporation Board Increases Dividend 40% to $0.13 per Share
Ball Corporation's (NYSE: BLL) board of directors today increased the company's quarterly cash dividend by 30 percent, to 13 cents per share.
"This dividend increase returns value to our shareholders while maintaining financial flexibility, and reflects management's expectations of continued improved performance by the company," said Scott C. Morrison, Ball's senior vice president and chief financial officer.
The cash dividend of 13 cents per share is payable March 15, 2013, to shareholders of record on March 1, 2013. Ball will announce its fourth quarter and full-year 2012 earnings on Thursday, Jan. 31, 2013. Conference call details are below.
Ball Corporation is a supplier of high quality packaging for beverage, food and household products customers, and of aerospace and other technologies and services, primarily for the U.S. government. Ball Corporation and its subsidiaries employ approximately 15,000 people worldwide and reported 2011 sales of more than $8.6 billion. For the latest Ball news and for other company information, please visit http://www.ball.com.
Conference Call Details
Ball Corporation (NYSE: BLL) will hold its regular quarterly conference call on the company's results and performance on Thursday, Jan. 31, 2013, at 9 a.m. Mountain Time (11 a.m. Eastern). The North American toll-free number for the call is 800-272-5460. International callers should dial 303-223-2682. Please use the following URL for a webcast of the live call:
For those unable to listen to the live call, a taped replay will be available at 11 a.m. Mountain Time on Jan. 31, 2013, until 11 a.m. Mountain Time on Feb. 7, 2013. To access the replay, call 800-633-8284 (North American callers) or 402-977-9140 (international callers) and use reservation number 21641520.
A written transcript of the call will be posted within 48 hours of the call's conclusion to Ball's website at www.ball.com in the investors section under "news and presentations."
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.