CLARCOR Increases Quarterly Dividend by 18%

FRANKLIN, Tenn.--(BUSINESS WIRE)--The CLARCOR Inc. (NYSE: CLC) Board of Directors has resolved to increase the company’s regular quarterly dividend by approximately 18%, from $0.17 per share of common stock to $0.20 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 $0.20 per share dividend on Friday, October 17, 2014 to shareholders of record on October 10, 2014.