date:Jan 25, 2013
oard approved a 10% increase in the dividend, its 27th consecutive annual increase.
Net income in the fourth quarter increased 13% to $148.5 million, or $1.12 per share, up from $131.7 million, or 99c per share, during the same time a year ago. Sales for the year were $1,145.8 million, up 3% from $1,110.7 million during the previous year.
The company said 2013 earnings per share are expected to be in the range of $3.15 to $3.23.
As we look ahead to 2013, our growth initiatives are expected to