DENTSPLY International Inc. Declares Increased Quarterly Cash Dividend.Business Editors/Health/Medical Writers YORK, Pa.--(BUSINESS WIRE)--Sept. 24, 2003 DENTSPLY International Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :XRAY) today announced that its Board of Directors declared a quarterly cash dividend of $.0525 per share of common stock, an indicated annual rate of $.21 per share. This represents a fourteen percent (14%) increase in the existing dividend and is in line with DENTSPLY's increase in earnings. The dividend is payable on October 7, 2003 to holders of record on September 25, 2003. John C. Miles II, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. commented that "We last increased the dividend in December 2000, prior to a series of acquisitions in 2001 and a corresponding increase in our debt levels. Having significantly grown our earnings and improved the capital structure over the past two years, the Company is pleased to once again increase the dividend rate in line with earnings growth." DENTSPLY designs, develops, manufactures and markets a broad range of products for the dental market. The Company believes that it is the world's leading manufacturer and distributor of dental prosthetics, precious metal dental alloys, dental ceramics, endodontic Endodontic Pertaining to the inside structures of the tooth, including the dental pulp and tooth root, and the periapical tissue surrounding the root. Mentioned in: Root Canal Treatment endodontic instruments and materials, prophylaxis prophylaxis (prō'fĭlăk`sĭs), measures designed to prevent the occurrence of disease or its dissemination. Some examples of prophylaxis are immunization against serious diseases such as smallpox or diphtheria; quarantine to confine paste, dental sealants, ultrasonic scalers, dental injectible anesthetics Anesthetics Drugs or methodologies used to make a body area free of sensation or pain. Mentioned in: Appendectomy and crown and bridge materials; the leading United States manufacturer and distributor of dental x-ray equipment, dental handpieces, intraoral cameras, dental x-ray film holders, film mounts and bone substitute/grafting materials; and a leading worldwide manufacturer or distributor of impression materials, orthodontic orthodontic (ôr´th  dän´tik),adj appliances, dental cutting instruments and dental implants. The Company distributes its dental products in over 120 countries under some of the most well established brand names in the industry. DENTSPLY is committed to the development of innovative, high quality, cost-effective new products for the dental market. |
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