Raven raises quarterly cash dividend 14% to 12c per share Raven announced that its board has approved a 14% increase in the company's regular quarterly cash dividend to 12c per share. The dividend is payable April 25, to shareholders of record on April 10.
Raven sees Integra Plastics acquisition accretive to Q4 EPS Raven expects the impact of the acquisition of Integra Plastics to be accretive to Q4 EPS and anticipates higher profit contributions from Engineered Films compared to Q4 last year. Aerostar continues to move away from contract manufacturing, reducing revenues, but expects higher profits due to its proprietary products. Management does not believe, however, that growth in these divisions will be sufficient to offset the expected continued declines in sales and operating income from Applied Technology. As a result, Raven does not anticipate profit growth in Q4 over the year-ago period.