Libbey Board Of Directors Approves 5% Dividend Increase For First Quarter 2016
TOLEDO, Ohio, Feb. 9, 2016 /PRNewswire/ -- Libbey Inc. (NYSE MKT: LBY) announced that its Board of Directors declared a dividend of 11.5 cents per share for the first quarter of 2016, a 5 percent increase over the quarterly dividend paid in the comparable period of 2015. The dividend equates to 46 cents per share on a full-year basis. The dividend is payable on March 15, 2016, to shareholders of record at the close of business on March 1, 2016.
About Libbey Inc.
Based in Toledo, Ohio, Libbey Inc. is one of the largest glass tableware manufacturers in the world. Libbey Inc. operates manufacturing plants in the U.S., Mexico, China, Portugal and the Netherlands. In existence since 1818, the Company supplies tabletop products to retail, foodservice and business-to-business customers in over 100 countries. Libbey's global brand portfolio, in addition to its namesake brand, includes Crisa®, Royal Leerdam®, World® Tableware, Syracuse® China, and Crisal Glass®. In 2014, Libbey Inc.'s net sales totaled $852.5 million. Additional information is available at www.libbey.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/libbey-board-of-directors-approves-5-dividend-increase-for-first-quarter-2016-300217584.html
SOURCE Libbey Inc.