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CLARCOR Increases Quarterly Dividend by 14%

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 14%, from $0.22 per share of common stock to $0.25 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 $0.25 per share dividend on Friday, November 4, 2016 to shareholders of record on Monday, October 17, 2016.