HARRISBURG, Pa., Nov. 19, 2009 (GLOBE NEWSWIRE) -- The Board of Directors of Harsco Corporation (NYSE:HSC) today increased the Company's dividend rate for the 16th consecutive year, raising the annual dividend to $0.82 per share from the previous $0.80 per share, while also declaring the Company's 239th consecutive quarterly cash dividend.
"At a time when many companies are reducing or even suspending their dividends, I am especially pleased that our long-term growth prospects and solid cash flows continue to enable us to directly reward our stockholders for their support," said Harsco Chairman and CEO Salvatore D. Fazzolari. Harsco has paid dividends every year since 1939.
The increased rate equates to a regular quarterly cash dividend of $0.2050 per share. The new rate will be payable February 16, 2010 to Harsco stockholders of record as of January 15, 2010.
Harsco Corporation is one of the world's leading diversified industrial services companies, serving key industries that play a fundamental role in worldwide economic growth, including infrastructure, metals, railways and energy. Harsco's common stock is a component of the S&P MidCap 400 Index and the Russell 1000 Index. Additional information can be found at www.harsco.com.
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