Barnes Group declares regularly quarterly dividend.BRISTOL, Conn.--(BUSINESS WIRE)--Nov. 15, 1996--Directors of Barnes Group Inc. today declared a regular cash dividend of 45 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. on its common stock for the fourth quarter of 1996, payable Dec. 10, 1996 to stockholders of record Nov. 29, 1996. The company had 6,680,563 shares outstanding as of the date of declaration. Barnes Group (NYSE NYSE See: New York Stock Exchange :B), a $600-million diversified diversified (di·verˑ·s international company basd in Bristol, Conn., is a leader in manufacturing precision springs and complex components for automotive, aerospace and other durable goods durable goods Goods, such as appliances and automobiles, that have a useful life over a number of periods. Firms that produce durable goods are often subject to wide fluctuations in sales and profits. Also called consumer durables. industries, and a major distributor of parts and supplies to the maintenance, repair and operating supplies market. Quarterly dividends Paid 1st 2nd 3rd 4th Total 1996 $.45 $.45 $.45 $.45 $1.80 1995 $.40 $.40 $.40 $.40 $1.60 -0- (For additional information, please call our Fax On-Demand Service at 1-800-311-4606; for press releases via the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the : http://www.businesswire.com/cnn) CONTACT: Barnes Group D.P. Hamilton or J.F. Sand Jr., 860/583-7070 |
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