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A. Schulman Announces Early Payment Of Regular Cash Dividend
By: PR Newswire
Dec. 10, 2012 04:05 PM
AKRON, Ohio, Dec. 10, 2012 /PRNewswire/ -- The Board of Directors of A. Schulman, Inc. (Nasdaq-GS: SHLM) declared today its regular cash dividend of $0.195 per common share, payable December 31, 2012, to shareholders of record on December 20, 2012. This dividend is in lieu of the quarterly dividend A. Schulman would have otherwise paid after the Company announced its fiscal 2013 first-quarter results in January of 2013.
"It is our hope that accelerating the payment of this dividend before the end of 2012 will result in the most favorable tax treatment for the benefit of our shareholders," said Joseph J. Levanduski, Vice President, Chief Financial Officer and Treasurer of A. Schulman.
About A. Schulman, Inc.
SOURCE A. Schulman, Inc.
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