East Hills, NY (March 12, 2008) - - The Board of Directors of Pall Corporation (NYSE:PLL) today declared a quarterly dividend of $0.13 per share, an increase of $0.01 per share over the previous quarter. The dividend is payable on May 9, 2008, to shareholders of record as of April 25, 2008.
This is the fourth consecutive year Pall Corporation has raised the quarterly dividend, representing a 44 percent increase since 2004.
Eric Krasnoff, Pall Chairman & CEO said, "This dividend increase demonstrates the Board's confidence in Pall's cash generation capabilities and commitment to building shareholder value."
About Pall Corporation
Pall Corporation is the global leader in the expanding field of filtration, separation and purification. Pall is organized into two businesses: Industrial and Life Sciences. These businesses provide leading-edge products to meet the demanding needs of customers in energy, electronics, biotechnology, pharmaceutical, transfusion medicine, water purification, aerospace, transportation and broad industrial markets. Total revenues for fiscal year 2007 were $2.2 billion. The Company headquarters is in East Hills, New York with extensive operations throughout the world. For more information visit Pall at http://www.pall.com.