The improvement was due to 9% organic revenue growth, 2% positive impact from foreign currency movements and 1% gain from more business days. Concurrent with the earlier release, the company announced that its board of directors approved the payment of a quarterly cash dividend of 20 cents per share to shareholders of record as of Aug 16, 2018. Furthermore, strengthening end markets will be a boon while favorable price realization will continue offsetting raw material cost inflation.