Clarcor raises dividend for 32nd consecutive year

Clarcor Inc (NYSE:CLC) will raise its dividend by 10%.

The quarterly dividend will be hiked from $0.20 to $0,22 per share, marking 32 consectutive years of dividend increases for Clarcor.

Clarcor, a a diversified marketer and manufacturer of mobile, industrial and environmental filtration products, has raised its dividend every year since 1983.

Tuesday's closing price of $47.22 translates into an indicated dividend yield of 1.9% for Clarcor.

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