The increased quarterly dividend of 17 cents a share compares with 16 cents a share previously paid. It is payable October 13 to shareholders of record September 29.
"We hope to increase the divident over the long term at a rate that exceeds inflation, which should provide an improving cash return to Butler shareholders," says John Holland, president and chief executive officer.
Butler Manufacturing makes engineered building systems and is a supplier of specialty components and construction services for the non-residential construction market.
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