CLARCOR Increases Quarterly Dividend by 10%

FRANKLIN, Tenn.--(BUSINESS WIRE)--CLARCOR Inc. (NYSE: CLC) announced today that the company’s Board of Directors has resolved to increase the company’s regular quarterly dividend by 10%, from $0.20 per share of common stock to $0.22 per share of common stock. This continues the company’s consecutive streak of increasing dividends every year since 1983. The Board further resolved to pay the new $0.22 per share dividend on Friday, October 23, 2015 to shareholders of record on October 13, 2015.