Printer Friendly

GREAT LAKES DECLARES DIVIDEND

 GREAT LAKES DECLARES DIVIDEND
 WEST LAFAYETTE, Ind., June 19 /PRNewswire/ -- Emerson Kampen,


chairman, president and chief executive officer of Great Lakes Chemical Corporation (NYSE: GLK), today announced that the board of directors declared a regular quarterly dividend of $.075 per share, payable on Aug. 4, 1992, to the holders of record of the common stock of the corporation on July 1, 1992.
 The company recently reported record earnings and revenues for the first three months of 1992. Net income for the first quarter of $53,035,000, or $.75 per share, topped the prior year's level of $36,681,000, or $.55 per share, by 37.1 percent. For the same period, revenues climbed 7.0 percent to $354,602,000, from the $331,309,000 reported for the first three months of 1991.
 Great Lakes Chemical Corporation, a Fortune 500 company, is the world's leading producer of bromine, brominated chemicals and furfural derivatives for such applications as flame retardants, agriculture, oil and gas well completion fluids, water sanitizers and other specialty applications. The stock of the company is traded on the New York Stock Exchange.
 -0- 6/19/92
 /CONTACT: David R. Bouchard or Gregory J. Griffith, both of Great Lakes Chemical Corporation, 317-497-6100/
 (GLK) CO: Great Lakes Chemical Corporation ST: Indiana IN: CHM SU: DIV


KK -- CL009 -- 2006 06/19/92 15:02 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jun 19, 1992
Words:226
Previous Article:COMMTRON ANNOUNCES COMPLETION OF ITS MERGER WITH INGRAM
Next Article:DELTONA COMPLETES DEBT RESTRUCTURING AND SECURES NEW FINANCING WHILE REPORTING A LOSS FOR 1991
Topics:


Related Articles
GREAT LAKES ANNOUNCES STOCK SPLIT AND DECLARES REGULAR DIVIDEND
GREAT LAKES DECLARES DIVIDEND
GREAT LAKES DECLARES DIVIDEND
GREAT LAKES EXCHANGES COMMON STOCK FOR PREFERRED STOCK
GREAT LAKES DECLARES DIVIDEND
GREAT LAKES DECLARES DIVIDEND
Great Lakes Declares Dividend, Authorizes Additional Stock Repurchase
Great Lakes Declares Dividend
Great Lakes Declares Dividend
Great Lakes Declares Regular Quarterly Dividend

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters