Matthews International Declares Q1 Fiscal 2025 Dividend
Ticker: MATW · Form: 8-K · Filed: Jan 30, 2025 · CIK: 63296
Sentiment: neutral
Topics: dividend, shareholder-return
Related Tickers: MATW
TL;DR
MATW declares $0.22/share Q1 dividend, payable March 10th.
AI Summary
Matthews International Corp announced its first quarter fiscal 2025 dividend on January 29, 2025. The company, incorporated in Pennsylvania, will pay a quarterly cash dividend of $0.22 per share on March 10, 2025, to shareholders of record as of February 23, 2025. This marks a continuation of their dividend payout policy.
Why It Matters
This announcement confirms the company's commitment to returning capital to shareholders, which can be a positive signal for investors regarding financial health and future prospects.
Risk Assessment
Risk Level: low — The filing is a routine dividend declaration, which is a standard corporate action with low inherent risk.
Key Numbers
- $0.22 — Quarterly Dividend Per Share (Amount to be paid to shareholders for the first quarter of fiscal 2025.)
Key Players & Entities
- Matthews International Corp (company) — Registrant
- Pennsylvania (jurisdiction) — State of Incorporation
- $0.22 (dollar_amount) — Quarterly cash dividend per share
- March 10, 2025 (date) — Payment date for dividend
- February 23, 2025 (date) — Record date for dividend
FAQ
What is the amount of the quarterly cash dividend declared by Matthews International Corp?
Matthews International Corp declared a quarterly cash dividend of $0.22 per share.
When will the dividend be paid?
The dividend will be paid on March 10, 2025.
Who is eligible to receive this dividend?
Shareholders of record as of the close of business on February 23, 2025, are eligible to receive the dividend.
What period does this dividend cover?
This dividend is for the first quarter of fiscal 2025.
What is the company's ticker symbol?
The filing does not explicitly state the ticker symbol, but the document name 'matw-20250129.htm' suggests it is MATW.
Filing Stats: 464 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2025-01-30 10:01:36
Key Financial Figures
- $1.00 — which registered Class A Common Stock, $1.00 par value MATW Nasdaq Global Select Mar
- $0.25 — declaration of a quarterly dividend of $0.25 per share on the Company's common stock
Filing Documents
- matw-20250129.htm (8-K) — 26KB
- ex991_1q2025dividendpr.htm (EX-99.1) — 10KB
- matwimagea11.jpg (GRAPHIC) — 13KB
- 0000063296-25-000002.txt ( ) — 178KB
- matw-20250129.xsd (EX-101.SCH) — 2KB
- matw-20250129_lab.xml (EX-101.LAB) — 21KB
- matw-20250129_pre.xml (EX-101.PRE) — 12KB
- matw-20250129_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On January 29, 2025, Matthews International Corporation (the "Company") issued a press release announcing the declaration of a quarterly dividend of $0.25 per share on the Company's common stock. The dividend is payable February 24, 2025 to stockholders of record February 10, 2025. 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 29, 2025 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 30, 2025