Barnes Group declares regular quarterly dividend; Annual rate up 10 percent over 1994.BRISTOL, Conn.--(BUSINESS WIRE)--Nov. 17, 1995--Directors of Barnes Group Inc. (NYSE:B) today declared a regular cash dividend of 40 cents per share on its common stock for the fourth quarter of 1995, payable Dec. 8, 1995, to stockholders of record Nov. 30, 1995. The company had 6,590,822 shares outstanding as of the date of declaration. The total annual dividend for 1995 will be $1.60 per share, up 10 percent over the annual dividend of $1.45 in 1994. Barnes Group, a $600-million diversified international company based in Bristol, Conn., is a leader in manufacturing precision springs and complex components for automotive, aerospace and other durable goods industries, and a major distributor of consumable parts and supplies to the maintenance, repair and operating supplies (MRO) market. -0- Quarterly Dividends Paid 1st 2nd 3rd 4th Total
1995 $.40 $.40 $.40 $.40 $1.60
1994 $.35 $.35 $.35 $.40 $1.45
CONTACT: Barnes Group Inc. J.E. Besser or J.F. Sand Jr. 860/583-7070 |
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