Matthews International (MATW) will raise its quarterly dividend by ten percent to $0.11 per share in Q4 of 2013. This marks the company's 19th consecutive year of annual dividend increases.

The increased dividend of 11 cents will be paid on December 9, 2013 to stockholders of record on November 25, 2013. Last year MATW hiked its dividend by 11.1 percent.

Matthews International Corporation is a provider of brand solutions, memorialization products and industrial technologies. The SGK Brand Solutions segment provides brand development, deployment and delivery services. The Memorialization segment is a provider of memorialization products, including memorials, caskets and cremation equipment, primarily to cemetery and funeral home customers. The Industrial Technologies segment designs, manufactures and distributes marking, coding and industrial automation technologies and solutions. The company was founded in 1850 and incorporated in Pennsylvania in 1902.