Quaker Chemical raises dividend by 2%

Quaker Chemical Company which specializes in chemicals for use in the automotive, steel finishing, heavy equipment and the aerospace industries, announced an increase in quarterly dividend payment by 2% or 23.5 US cents per share.  Michael Barry, CEO of Quaker Chemical, states, “The increase in the dividend reflects our continuing commitment to enhancing shareholder returns and confidence in our prospects for 2011 and beyond.”  The dividend hike applies to shareholders who held shares as of July 15.  (May 12, 2011)