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Graco Announces 3-for-1 Stock Split and Increases Quarterly Dividend by 10.4 Percent
The declaration of a 3-for-1 split of the Company’s common stock, to
be distributed on
December 27, 2017, for shareholders of record as of December 18, 2017. This is the twelfth split of the Company’s common stock since it was first publicly offered in 1969.
The declaration of a regular quarterly dividend of
39.75 centsper common share (or 13.25 centsper post-split share), an increase of 10.4 percent, payable on February 7, 2018, to shareholders of record at the close of business on January 22, 2018.
Christian Rothe, 612-623-6205
Charlotte Boyd, 612-623-6153