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Apogee Enterprises Raises Quarterly Cash Dividend 4 Percent to $0.06 Per Share.


Business Editors

MINNEAPOLIS--(BUSINESS WIRE)--Oct. 9, 2003

The Board of Directors of Apogee apogee (ăp`əjē), point farthest from the earth in the orbit of a body about the earth. See apsis.


The farthest point.
 Enterprises, Inc. (Nasdaq:APOG APOG Advanced Operational Planning Group
APOG Aberdeen Police Officer's Guild
) announced it has declared a regular quarterly cash dividend of $0.06 per share, payable November November: see month.  12, 2003 to shareholders of record October 29, 2003. The dividend of $0.06 per share represents an increase of 4 percent from the previous quarterly dividend of $0.0575 per share. This marks the 27th year of dividend growth since Apogee began paying dividends in 1974. The company has approximately 27.5 million shares outstanding.

"We are pleased to again increase our dividend as part of our commitment to enhance shareholder value," said Russell Huffer huff  
n.
A fit of anger or annoyance; a pique: stormed off in a huff.

v. huffed, huff·ing, huffs

v.intr.
1. To puff; blow.

2.
, chairman, president and chief executive officer. "We continue to focus on growth strategies, cost control and operational improvements, as we weather the challenging economy."

Apogee Enterprises, Inc., headquartered in Minneapolis, is a world leader in technologies involving the design and development of value-added glass products, services and systems. The company is organized in three segments:

-- Architectural products and services companies design,

engineer, fabricate, install and renovate the walls of glass

and windows comprising the outside skin of commercial and

institutional buildings.

-- Large-scale optical technologies companies develop and produce

high technology glass that enhances the visual performance of

products for the display, imaging and picture framing

industries.

-- Automotive replacement glass and services segment consists of

a fabricator fab·ri·cate  
tr.v. fab·ri·cat·ed, fab·ri·cat·ing, fab·ri·cates
1. To make; create.

2. To construct by combining or assembling diverse, typically standardized parts:
 of aftermarket Aftermarket

See: Secondary market.


aftermarket

See secondary market.
 foreign and domestic car

windshields.
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Publication:Business Wire
Geographic Code:1USA
Date:Oct 9, 2003
Words:233
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