Raven Industries Inc. announced that its board of directors has approved a regular quarterly cash dividend of 12.0 cents per share. The dividend is payable July 25, 2013, to shareholders of record on July 10, 2013.

Raven Industries Inc. announced consolidated unaudited earnings results for the first quarter ended April 30, 2013. For the quarter, the company reported net sales of $103,680,000 compared with $117,915,000 for the same period a year ago. Operating income was $20,934,000 compared with $28,432,000 for the same period a year ago. Income before income taxes was $20,736,000 compared with $28,380,000 for the same period a year ago. Net income attributable to Raven Industries Inc. was $14,003,000 or $0.38 per basic and diluted share compared with $19,043,000 or $0.52 per basic and diluted share for the same period a year ago. Net cash provided by operating activities was $14,899,000 compared with $28,212,000 for the same period a year ago. Capital expenditures was $8,149,000 compared with $4,900,000 for the same period a year ago. Modest softness in the company's Applied Technology Division, declining demand from U.S. agency customers in Aerostar and a moderated energy market in Engineered Films, resulted in the overall quarterly sales decline of 12.1%. The company expects a stronger second half performance on a year over year comparative basis. The company obviously can't control the macro environment, but the quality of its business development pipeline remains robust and encouraging; its impact on current year results is contingent on its ability to execute. The company believes that reaching last year's earnings level will also be challenging, but is still possible. The company will execute the Raven business model, exercise fiscal prudence and stay true to its purpose of solving great challenges. In doing so, it will optimize fiscal 2014 performance while ensuring the soundness of its business and preparing for future growth.

Raven Industries Inc. announced that they will report Q1, 2014 results Pre-Market on May 20, 2013