TOLEDO, Ohio, April 18 /PRNewswire-FirstCall/ -- Owens-Illinois, Inc., (NYSE: OI) today announced that its board of directors has declared the quarterly dividend of $0.59375 on each share of the company's $2.375 Convertible Preferred Stock, payable on May 15 to holders of record as of May 1. Owens-Illinois is the largest manufacturer of glass containers in North America, South America, Australia and New Zealand, and one of the largest in Europe. O-I also is a worldwide manufacturer of plastics packaging with operations in North America, South America, Europe, Australia and New Zealand. Plastics packaging products manufactured by O-I include consumer products (blow molded containers, injection molded closures and dispensing systems) and prescription containers. Copies of Owens-Illinois news releases are available at the Owens-Illinois web site at www.o-i.com or at www.prnewswire.com . To contact Owens-Illinois investor relations, dial 419-247-2400. MAKE YOUR OPINION COUNT - Click Here http://tbutton.prnewswire.com/prn/11690X85208213 SOURCE Owens-Illinois, Inc. Web site: http: //www.O-I.com CONTACT: Investor Relations of Owens-Illinois, +1-419-247-2400 Company News On-Call: http://www.prnewswire.com/gh/cnoc/comp/117254.html