Business News
STERIS Corporation Announces Quarterly Dividend Increase of 33%
2008-07-24 14:30:00
STERIS Corporation Announces Quarterly Dividend Increase of 33%
MENTOR, Ohio, July 24 /EMWNews/ -- STERIS Corporation (NYSE: STE) today announced that its Board of Directors has authorized a 33% increase in its quarterly dividend to $0.08 per common share. The dividend is payable September 11, 2008 to shareholders of record at the close of business on August 14, 2008.
About STERIS
The mission of STERIS Corporation is to provide a healthier today and
safer tomorrow through knowledgeable people and innovative infection
prevention, decontamination and health science technologies, products and
services. The Company's more than 5,000 dedicated employees around the
world work together to supply a broad array of solutions by offering a
combination of equipment, consumables and services to healthcare,
pharmaceutical, industrial and government customers. The Company is listed
on the New York Stock Exchange under the symbol STE. For more information,
visit http://www.steris.com .
This news release may contain statements concerning certain trends,
expectations, forecasts, estimates, or other forward-looking information
affecting or relating to the Company or its industry that are intended to
qualify for the protections afforded "forward-looking statements" under the
Private Securities Litigation Reform Act of 1995 and other laws and
regulations. Forward-looking statements speak only as to the date of this
report, and may be identified by the use of forward-looking terms such as
"may," "will," "expects," "believes," "anticipates," "plans," "estimates,"
"projects," "targets," "forecasts," "confidence," and "seeks," or the
negative of such terms or other variations on such terms or comparable
terminology. Many important factors could cause actual results to differ
materially from those in the forward-looking statements including, without
limitation, disruption of production or supplies, changes in market
conditions, political events, pending or future claims or litigation,
competitive factors, technology advances, and changes in government
regulations or the application or interpretation thereof. Other risk
factors are described in the Company's Form 10-K and other securities
filings. Many of these important factors are outside STERIS's control. No
assurances can be provided as to any future dividend payment or other
financial results. Unless legally required, the Company does not undertake
to update or revise any forward-looking statements even if events make
clear that any projected results, express or implied, will not be realized.
Other potential risks and uncertainties that could cause actual results to
differ materially from those in the forward-looking statements include,
without limitation, (a) the potential for increased pressure on pricing
that leads to erosion of profit margins, (b) the possibility that market
demand will not develop for new technologies, products or applications, or
the Company's business initiatives will take longer, cost more or produce
lower benefits than anticipated, (c) the possibility that application of or
compliance with laws, court rulings, regulations, regulatory actions,
including without limitation the previously disclosed FDA warning letter,
certifications or other requirements or standards may delay or prevent new
product introductions, affect the production and marketing of existing
products, or otherwise affect Company performance, results, or value, (d)
the potential of international unrest or effects of fluctuations in
currencies, tax assessments or rates, raw material costs, benefit or
retirement plan costs, or other regulatory compliance costs, (e) the
possibility of reduced demand, or reductions in the rate of growth in
demand, for the Company's products and services, and (f) the possibility
that anticipated cost savings may not be achieved, or that transition,
labor, competition, timing, execution, regulatory, governmental, or other
issues or risks associated with the matters described in this release may
adversely impact Company performance, results, or value.
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