PREFORMED LINE PRODUCTS ANNOUNCES FIRST QUARTERLY DIVIDEND INCREASE SINCE LISTING ON THE NASDAQ

Core Viewpoint - Preformed Line Products has announced a 5% increase in its quarterly cash dividend, marking the first increase since its NASDAQ listing in 2001, reflecting strong liquidity and commitment to shareholder returns [1][2]. Group 1: Dividend Increase - The quarterly dividend will rise from $0.20 to $0.21 per share, payable on January 20, 2026, to shareholders of record as of January 5, 2026 [1]. - This increase demonstrates the company's strong liquidity position and management's confidence in generating consistent cash flows while investing in growth initiatives [2][3]. Group 2: Management Commentary - The Executive Chairman emphasized that the ability to increase the dividend highlights the strength of the company's balance sheet and future growth outlook [3]. - The company is focused on disciplined capital allocation, balancing reinvestment in operations with returns to shareholders, and will consider further dividend increases based on operating results [3]. Group 3: Company Overview - Preformed Line Products provides precision-engineered solutions for energy and communications providers globally, ensuring stronger and more reliable networks [5]. - The company operates in 20 countries, delivering high-quality products and exceptional service to customers worldwide [5].