Sealy Corporation Announces Quarterly Cash Dividend
Sealy Corporation (NYSE: ZZ), the largest bedding manufacturer in the world, announced today that its board of directors has declared a cash dividend for its fourth quarter of fiscal 2007 of $0.075 per share of common stock. The dividend will be payable on February 1, 2008 to stockholders of record as of January 21, 2008.
About Sealy
Sealy is the largest bedding manufacturer in the world with sales of approximately $1.6 billion in 2006. The company manufactures and markets a broad range of mattresses and foundations under the Sealy(R), Sealy Posturepedic(R), Stearns & Foster(R), and Bassett(R) brands. Sealy operates 26 plants in North America, and has the largest market share and highest consumer awareness of any bedding brand on the continent. In the United States, Sealy sells its products to 2,900 customers with more than 7,000 retail outlets.
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