Matthews Intl. Files 8-K for Q1 Fiscal 2024 Dividend Press Release
Ticker: MATW · Form: 8-K · Filed: Jan 25, 2024 · CIK: 63296
Complexity: simple
Sentiment: neutral
Topics: dividend, press-release, regulation-fd
TL;DR
**Matthews International Corp. just filed an 8-K for its Q1 fiscal 2024 dividend press release, signaling business as usual for shareholder payouts.**
AI Summary
Matthews International Corp. filed an 8-K on January 25, 2024, to announce its first-quarter fiscal 2024 dividend press release. This filing, dated January 24, 2024, indicates that the company is maintaining its regular dividend distribution. For investors, this signals continued financial stability and a commitment to returning value to shareholders, which can be a positive sign for those holding or considering buying the stock.
Why It Matters
This filing confirms Matthews International Corp.'s ongoing commitment to shareholder returns through dividends, which can be a key factor for income-focused investors.
Risk Assessment
Risk Level: low — This filing is a routine disclosure about a dividend press release and does not indicate any new significant risks or changes to the company's operations.
Analyst Insight
A smart investor would note this routine dividend announcement as a sign of consistent shareholder returns, but would need to review the actual dividend press release (which is not included in this 8-K) for specific details like dividend amount, record date, and payment date before making any investment decisions.
Key Players & Entities
- MATTHEWS INTERNATIONAL CORP (company) — the registrant filing the 8-K
- January 24, 2024 (date) — date of earliest event reported
- January 25, 2024 (date) — date the 8-K was filed
- 0000063296 (company) — Central Index Key (CIK) for Matthews International Corp.
FAQ
What is the purpose of this 8-K filing by Matthews International Corp.?
The purpose of this 8-K filing is to disclose information regarding Matthews International Corp.'s first-quarter fiscal 2024 dividend press release, as indicated by the 'ITEM INFORMATION: Regulation FD Disclosure' and '8-K - 1ST QUARTER FISCAL 2024 DIVIDEND PRESS RELEASE' sections.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 24, 2024, as stated in the 'Date of Report (Date of earliest event reported): January 24, 2024' section.
What is the Central Index Key (CIK) for Matthews International Corp.?
The Central Index Key (CIK) for Matthews International Corp. is 0000063296, as listed under 'COMPANY DATA: CENTRAL INDEX KEY'.
Where are the principal executive offices of Matthews International Corp. located?
The principal executive offices of Matthews International Corp. are located at Two Northshore Center, Pittsburgh, PA 15212-5851, as detailed in the 'Address of principal executive offices' section.
Under which sections of the Securities Exchange Act of 1934 is this report filed?
This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, as indicated in the 'FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934' header.
Filing Stats: 464 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-01-25 11:02:46
Key Financial Figures
- $1.00 — which registered Class A Common Stock, $1.00 par value MATW Nasdaq Global Select Mar
- $0.24 — declaration of a quarterly dividend of $0.24 per share on the Company's common stock
Filing Documents
- matw-20240124.htm (8-K) — 26KB
- ex991_1q2024dividendpr.htm (EX-99.1) — 10KB
- matwimagea11a.jpg (GRAPHIC) — 13KB
- 0000063296-24-000004.txt ( ) — 181KB
- matw-20240124.xsd (EX-101.SCH) — 2KB
- matw-20240124_lab.xml (EX-101.LAB) — 24KB
- matw-20240124_pre.xml (EX-101.PRE) — 12KB
- matw-20240124_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On January 24, 2024, Matthews International Corporation (the "Company") issued a press release announcing the declaration of a quarterly dividend of $0.24 per share on the Company's common stock. The dividend is payable February 19, 2024 to stockholders of record February 5, 2024. A copy of the press release is attached hereto as Exhibit 99.1.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press Release, dated January 24, 2024 issued by Matthews International Corporation. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MATTHEWS INTERNATIONAL CORPORATION (Registrant) By: /s/ Steven F. Nicola Steven F. Nicola Chief Financial Officer and Secretary Date: January 25, 2024