Barnes Group Inc. Increases Quarterly Dividend 12 Percent.BRISTOL Bristol, cities, United States Bristol. 1 Industrial city (1990 pop. 60,640), Hartford co., central Conn., on the Pequabuck River; settled 1727, inc. 1785. Its clock-making industry dates from 1790. , Conn. -- The Board of Directors of Barnes Barnes, former municipal borough, SE England. See Richmond upon Thames. Group Inc. (NYSE NYSE See: New York Stock Exchange : B) today increased the Company's quarterly cash dividend 12 percent to 14 cents ($0.14) per share. The dividend will be payable June June: see month. 11, 2007, to stockholders of record at the close of business on June 1, 2007. Barnes Group Inc. previously paid a cash dividend at the annual rate of 50 cents ($0.50) per share. The increase raises the dividend on an annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. basis to 56 cents ($0.56) per share. Barnes Group Inc. and its predecessor companies have paid a cash dividend to stockholders on a continuous basis since 1934. Celebrating its 150th anniversary in 2007, Barnes Group Inc. (NYSE:B) is an international aerospace and industrial components manufacturing and distribution company focused on achieving consistent, sustainable and predictable results. Founded in 1857, Barnes Group consists of three businesses: Barnes Distribution, Associated Spring and Barnes Aerospace. Over 6,600 dedicated employees at more than 65 locations worldwide contribute to Barnes Group Inc.'s success. For more information, visit www.barnesgroupinc.com. |
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