Tuesday, May 08, 2007

Rohm & Haas Increases Dividend 12.1%

Yesterday, Rohm & Haas (ROH) announced a 12.1% increase in its quarterly dividend to 37 cents per share versus 33 cents per share in the same quarter last year. The payout ratio on 2007 estimated earnings of $3.55 equals 42%. This compares to the 5-year average payout of 44%. It should be noted the company's dividend remained unchanged from the 3rd quarter of 2000 through the 2nd quarter of 2002.

Rohm & Haas dividend table. May 2007
Rohm & Haas stock chart, May, 2007

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