25th Consecutive Annual Dividend Rate Increase
The board of directors of Ecolab Inc. declared a 6 percent increase in
the company’s quarterly cash dividend to $0.37 per common share, to be
paid Jan. 17, 2017, to shareholders of record at the close of business
on Dec. 20, 2016. This increase results in a new indicated annual cash
dividend of $1.48 per share in 2017 and represents Ecolab’s 25th
consecutive annual dividend rate increase.
Ecolab has paid cash dividends on its common stock for 80 consecutive
years.
Commenting on the increase, Douglas M. Baker, Jr., Ecolab’s chairman and
chief executive officer said, “This cash dividend increase reflects our
longstanding commitment to use our strong cash flow to steadily invest
in the key drivers for future business growth and enhance shareholder
returns.”
About Ecolab
A trusted partner at more than one million
customer locations, Ecolab (ECL) is the global leader in water, hygiene
and energy technologies and services that protect people and vital
resources. With 2015 sales of $13.5 billion and 47,000 associates,
Ecolab delivers comprehensive solutions and on-site service to promote
safe food, maintain clean environments, optimize water and energy use
and improve operational efficiencies for customers in the food,
healthcare, energy, hospitality and industrial markets in more than 170
countries around the world. For more Ecolab news and information, visit www.ecolab.com.
(ECL-C)
Ecolab Inc.
Investor Contacts:
Michael Monahan, 651-250-2809
or
Andrew Hedberg, 651-250-2185