146TH DIVIDEND DECLARED BY ECHLIN INC.BRANFORD, Conn.--(BUSINESS WIRE)--September 27, 1995--The board of directors of Echlin Inc. (NYSE NYSE See: New York Stock Exchange :ECH ECH Echelon ECH Echangeur (French: Exchange; Canada Post street designation) ECH Electron Cyclotron Heating ECH Epichlorohydrin ECH Echinacea ECH Emergency Command Hologram (Star Trek) ) has declared a cash dividend of 20.5 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , payable October 18, 1995 to shareowners of record on October 10, 1995. This represents the 146th consecutive quarterly dividend Echlin has paid since 1959 when it first became a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. . Our dividend has grown at an average annual compound rate of 12 percent over the last 36 years, after accounting for six stock splits and 30 payout increases. Echlin, headquartered in Branford, is an international manufacturer of quality automotive parts used to maintain or repair the world's 609 million motor vehicles. The company has annual sales of $2.7 billion. CONTACT: Paul Ryder Director Investor Relations (203) 481-5751 |
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