December 7, 2009 (FinancialWire) — American Greetings Corp. (NYSE: AM) has declared a quarterly cash dividend of 12 cents per share to be paid on January 4, 2010 to shareholders of record at the close of business on December 23, 2009.

Cleveland-based American Greetings is a manufacturer and retailer of social expression products. The company’s greeting card brands are American Greetings, Carlton Cards, Gibson, Recycled Paper Greetings and Papyrus, and other paper product offerings include DesignWare party goods, and American Greetings and Plus Mark gift-wrap and boxed cards.

American Greetings also has a collection of electronic greetings on the Web, including cards available at AmericanGreetings.com through AG Interactive.

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