DAYTON, Ohio, Jan. 5 /PRNewswire-FirstCall/ -- Robbins & Myers, Inc. (NYSE: RBN) announced today that its Board of Directors approved an increase in the quarterly cash dividend payment from $0.04 to $0.0425 per share. The dividend is payable on February 19, 2010 to shareholders of record as of January 21, 2010.
President and Chief Executive Officer Peter C. Wallace commented, "I am pleased to announce our fourth consecutive annual dividend increase, reflecting our strong financial position and strategy to create long-term shareholder value."
Robbins & Myers, Inc. is a leading supplier of engineered equipment and systems for critical applications in global energy, industrial, chemical and pharmaceutical markets.
SOURCE Robbins & Myers, Inc.