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A. Schulman Inc. Raises Regular Cash Dividend; Marks Seventeenth Consecutive Annual Dividend Increase.


AKRON Akron (ăk`rən), city (1990 pop. 223,019), seat of Summit co., NE Ohio, on the Little Cuyahoga River; inc. 1865. Once the heart of the nation's rubber industry, Akron still contains the headquarters of some rubber corporations and chemical and , Ohio--(BUSINESS WIRE)--Jan. 12, 1999--The Board of Directors of A. Schulman Schulman is a surname, usually that of a Jewish person. The name is derived from the Yiddish word shul ("synagogue"). Some well-known people with this name are:
  • Arnold Schulman
  • Frank Schulman, Unitarian Universalist minister, theologian, and author
  • J.
 Inc. (Nasdaq:SHLM) increased the regular quarterly cash dividend to $.125 per common share from the $.115 per share paid in previous quarters. This represents a 9 percent increase.

The higher cash dividend is payable February 4, 1999 to shareholders of record on January 26, 1999.

The Company said today's action by the directors marks its seventeenth consecutive annual cash dividend increase.

Headquartered in Akron, Ohio Akron is a city in the U.S. state of Ohio and the county seat of Summit County.GR6 The municipality is located in northeastern Ohio on the Cuyahoga River between Cleveland to the north and Canton to the south, approximately 60 miles (96 km) west of , A. Schulman is a leading international supplier of high-performance plastic compounds and resins resins,
n.pl complex, insoluble, sticky substances secreted by plants. Used as astringents, antimicrobials, and antiinflammatories, and are burned as incense. Can cause oral ulcers and epidermal irritations.
. These materials are used in a variety of consumer, industrial, automotive and packaging applications. The Company employs about 2,300 people and has 13 manufacturing facilities in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, Mexico and the Asia-Pacific region. Revenues for the fiscal year ended August 31, 1998, were approximately $1 billion. Additional information about A. Schulman can be found on the World Wide Web at www.aschulman.com.
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Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1U3OH
Date:Jan 12, 1999
Words:157
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