Clarcor board continues dividend hike streak

The directors of filtration and packaging manufacturer Clarcor on Monday voted to hike the company's quarterly dividend to 17 cents from 13.5 cents. The 26 percent boost is the biggest in at least two decades and pushes the Franklin-based company's increase streak to 30 years. Shares of Clarcor (Ticker: CLC) are up about 16 percent so far this year and closed Monday at $55.53, about 4 percent of their all-time high.