May 7, 2010 (FinancialWire) — Multi-Color Corporation (NASDAQ: LABL) said that its board of directors has declared quarterly cash dividend of five cents per common share for the first quarter of fiscal year 2011. The dividend is payable June 1, 2010, to shareholders of record at the close of business on May 17, 2010.

Ohio-based Multi-Color offers label solutions for various brands including producers of home and personal care, wine and spirits, food and beverage and specialty consumer products.

Multi-Color acquired Collotype International Holdings Pty. Ltd. on February 29, 2008. Collotype was established in 1903 in Adelaide, South Australia and is a pressure sensitive wine & spirits label printer.

Multi-Color is a large producer of in-mold labels as well as pressure sensitive and heat transfer labels and is a manufacturer of wet glue applied labels and shrink sleeves.

Multi-Color has 12 manufacturing locations worldwide; six in the U.S., five in Australia and one in South Africa.  

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