Company: Matthews International Corporation (MATW)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Matthews International Corp is a personal services company that primarily provides brand solution services, memorialization products, and industrial products in the United States and Europe. The majority of Matthews’ revenue is derived from its SGK Brand Solutions business, which provides brand development services, printing equipment, creative design services, and embossing tools to the consumer packaged goods and packaging industries. The company’s Memorialization segment, which sells bronze and granite memorials, caskets, and cremation equipment to the cemetery and funeral home industries, also contributes a significant amount. Most of Matthews’ revenue is generated from sales made in the U.S., while European customers also contribute a sizable percentage. -Morningstar.com-
Symbol: MATW
Recent Price: $25.45
Dividends: $0.96
Yield: 3.77%
Sector: Industrials
Industry: Conglomerates
Address & Company Phone #: Two NorthShore Center Pittsburgh PA 15212, 412-442-8200
Transfer Agent: Computershare 866-230-0666
Moody’s Rating: Ba3
Minimum & Maximum Investment: $10 – $250,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $25
Fees: Div.: 5% of amount invested up to $5 Max Cash: $5+5¢/sh. Cert: $0 Sells: by Mail, Phone or Internet for $25+12¢/sh.
52 Week High & Low: $48.86, $27.37