Quaker Houghton hikes dividend by 4.8%

Quaker Houghton (KWR), formerly known as Quaker Chemical (KWR), will raise its quarterly dividend by 4.8 percent to 43.5 cents per share in 2022. This follows a 5.1% dividend hike by KWR in 2021. The dividend yield is 0.9% at a stock price of $192.

Quaker Houghton, formerly Quaker Chemical, is a global provider of process fluids, chemical specialties, and technical expertise to a wide range of industries, including steel, offshore, metalworking, aluminum, automotive, mining, aerospace, tube and pipe and cans. The company's segments include North America, Europe, Middle East and Africa (EMEA), Asia/Pacific and South America.  Quaker Houghton is headquartered in Conshohocken, Pennsylvania, located near Philadelphia in the United States. The company has paid uninterrupted dividends to shareholders every year since going public in 1972.