KOP - Koppers Holdings declares $0.05 dividend; first since 2014

Koppers Holdings (NYSE:KOP) declares $0.05/share quarterly dividend; the firm's first quarterly cash dividend since Nov. 2014. Forward yield 0.73% Payable April 4; for shareholders of record March 18; ex-div March 17. CFO Jimmi Sue Smith stated, "Our strong operating cash flows and strategic growth plan enable us to complete our intended deleveraging plans and initiate a quarterly dividend, while also maintaining strong liquidity and capital flexibility to support ongoing investments for growth, as well as returning capital to shareholders." See KOP Dividend Scorecard, Yield Chart, & Dividend Growth.

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Koppers Holdings declares $0.05 dividend; first since 2014