BUSINESS MEMO: QUARTERLY CASH DIVIDEND

Spartech Corp. has declared a quarterly cash dividend of 5 cents a share, payable July 7, to common shareholders of record June 23.

Spartech, a manufacturer of engineered thermoplastic materials and polymeric compounds, reported record second-quarter sales of $129.8 million, net earnings of $6.7 million and full diluted earnings per share of 24.

Spartech, headquartered in St. Louis, has two operations in Cape Girardeau -- Spartech Plastics at 2500 Spartech Drive and Spartech Compounding on Nash Road.