American Greetings Announces Quarterly Dividend

News provided by

Dec 07, 2012, 04:30 ET

CLEVELAND, Dec. 7, 2012 /PRNewswire/ -- American Greetings Corporation (NYSE: AM) today announced a quarterly cash dividend of 15 cents per share to be paid on December 28, 2012 to shareholders of record at the close of business on December 19, 2012.

About American Greetings Corporation

For more than 100 years, American Greetings Corporation (NYSE: AM) has been a creator and manufacturer of innovative social expression products that assist consumers in enhancing their relationships to create happiness, laughter and love. The Company's major greeting card lines are American Greetings, Carlton Cards, Gibson, Recycled Paper Greetings and Papyrus, and other paper product offerings include DesignWare party goods and American Greetings and Plus Mark gift-packaging and boxed cards. The Company also has one of the largest collections of greetings on the Web, including greeting cards available at Cardstore.com and electronic greeting cards available at AmericanGreetings.com. In addition to its product lines, the Company creates and licenses popular character brands through the American Greetings Properties group. Headquartered in Cleveland, Ohio, the Company generates annual revenue of approximately $1.7 billion, and its products can be found in retail outlets worldwide. For more information on the Company, visit http://corporate.americangreetings.com

SOURCE American Greetings Corporation