East Hills, NY (November 16, 2005) - - Pall Corporation (NYSE:PLL) today announced that its Board of Directors has elected to increase the quarterly cash dividend from 10 cents to 11 cents per share, beginning with the dividend that will be declared on January 19, 2006. The shareholder record date and payment date will be set at that time. The Board last increased the dividend on January 21, 2005.
"Today's announcement demonstrates our continuing confidence in the growth, earnings and cash generation of our business," said Eric Krasnoff, Pall Chairman and CEO.
Pall Corporation will release results for the first quarter after the market closes on December 6, 2005.
About Pall Corporation:
Pall Corporation is the global leader in the rapidly growing field of filtration, separations and purification. Pall's business is organized around two broad markets: Life Sciences and Industrial. The Company provides leading-edge products to meet the demanding needs of customers in biotechnology, pharmaceutical, transfusion medicine, semiconductor, water purification, aerospace and broad industrial markets. Total revenues for fiscal 2005 were $1.9 billion. The Company headquarters is in East Hills, New York with extensive operations throughout the world. Visit Pall at www.pall.com.