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CORRECTION: Innospec Increases Semi-Annual Dividend To $0.79, Bringing Dividend To $1.55 For The Full Year

Benzinga·11/05/2024 22:01:00
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Cash generation was excellent. With over $300 million in net cash we expect to continue to pursue organic investments and complementary M&A while returning value to shareholders through dividend growth. In line with this, I am pleased to announce an increase in our semi-annual dividend to 79 cents, bringing our dividend to $1.55 for the full year, an annual increase of 10 percent."