Dividend Boost

Earnings per diluted share were $1.60 versus $0.45 in the same quarter a year earlier. The Board announced a 15 % increase in the quarterly dividend to $0.85 per share, the 221st consecutive quarterly payment, which will be payable Aug. 20 to shareholders of record Aug. 12. The dividend lift signals confidence in sustained cash‑flow growth backed by a strong balance sheet.