CSS Industries, Inc. Declares Increased Quarterly Cash Dividend.Business Editors PHILADELPHIA--(BUSINESS WIRE)--Aug. 6, 2003 The Board of Directors of CSS (1) See Cascading Style Sheets. (2) (Content Scrambling System) The copy protection system applied to DVDs, which uses a 40-bit key to encrypt the movie. Industries, Inc. (NYSE NYSE See: New York Stock Exchange :CSS) today declared a quarterly dividend of eight cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. on its shares of Common Stock outstanding following the distribution of a three for two stock split on July 10, 2003. This dividend will be payable on September 25, 2003 to stockholders of record at the close of business on September 12, 2003. Commenting on this action, David J David J. Haskins (b. April 24, 1957, in Northampton, England) is a British alternative rock musician. He was the bassist for the seminal gothic rock band Bauhaus. Life and work . M. Erskine, President and Chief Executive Officer of the Company, said "This action by the Board of Directors reflects an increase of 20% in the amount of our quarterly cash dividend. CSS Industries is pleased to have this opportunity to provide our stockholders with this enhanced return on their investment." CSS is a consumer products company primarily engaged in the manufacture and sale to mass market retailers of seasonal, social expression products, including gift wrap, gift bags, boxed greeting cards, gift tags, tissue paper, paper and vinyl decorations, classroom exchange Valentines, decorative ribbons and bows, Halloween masks, costumes, make-ups and novelties, educational products and Easter egg dyes and novelties. All statements other than statements of historical fact included in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Actual events or results may differ materially from those discussed in forward-looking statements as a result of various factors, including without limitation, general market conditions, increased competition, and other factors described in the Company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the fiscal year ended March 31, 2003. |
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