Carlisle Companies (CSL) will raise its quarterly dividend by 25.0 percent to $0.50 per share in 2019. This marks the 43rd consecutive year of annual dividend increases by the industrial company.

The next dividend is payable on September 3, 2019 to shareholders of record at the close of business on August 20, 2019. A new annual dividend rate of $2.00 per share yields 1.4% at a stock price of $140.

Chris Koch, President and Chief Executive Officer, said, "In recognition of our strong financial position and confidence in our ability to deliver sustained, long-term profitable growth for our shareholders, we are pleased to announce an increase to our quarterly dividend for the 43rd consecutive year. This increase is further evidence that we are executing on our Vision 2025 capital deployment strategy."

Carlisle Companies Incorporated is a manufacturing company. Carlisle’s markets include commercial roofing, specialty polyurethane, aerospace, medical, defense, transportation, industrial, protective coating, auto refinishing, agriculture, mining, and construction. Carlisle Companies Incorporated's operations began in 1917.