Valspar Declares Dividend
MINNEAPOLIS, Minn., December 10, 2008 - The Valspar Corporation (NYSE:VAL) announced today that, at its December 10, 2008 meeting, the Company's Board of Directors declared a quarterly dividend of 15 cents per share, payable January 12, 2009 to all common stockholders of record on December 29, 2008. The 15 cent dividend represents a 1 cent, or approximately 7.1 percent, increase from the dividend in place over the last four quarters.
Valspar is a global leader in the paint and coatings industry, with a broad range of products including industrial, architectural, packaging, automotive refinish and specialty polymers and colorants.
Valspar news releases and other investor information are available on the Internet at www.valsparglobal.com.
Contact: Tyler Treat, Vice President and Treasurer
The Valspar Corporation