Unican Security Systems Ltd. Announces 21 Percent Dividend Increase.MONTREAL--(BUSINESS WIRE)--Sept. 22, 1999-- UNICAN UNICAN Unidad Indígena Y Campesina del Norte (Union of Northern Indigenous People and Farmers; Guatemala) (ME:UCS (Universal Character Set) An ISO/IEC format for coding character sets. ISO/IEC 10646 was synchronized with Unicode; however, Unicode adds additional constraints, and compliance with 10646 does not guarantee compatibility with Unicode. See Unicode. .) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :UCS.) Aaron M. Fish, Chairman, announced today that at their September 17th meeting, the Board of Directors of Unican Security Systems Ltd. approved a 21 percent increase in the Company's semi-annual dividend, based on the strong performance of earnings turned in by the Company. The semi-annual dividend on Class A Voting Shares will increase from 4.75 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. to 5.75 cents per share and Class B Subordinate Voting Shares will increase from 5.7 cents to 6.9 cents per share. This dividend is payable on November 1, 1999 to shareholders of record at the close of business on October 22, 1999. Unican Security Systems Ltd., with sales in fiscal 1999 surpassing $475 million, is a leading global supplier of access control products for both the hospitality and commercial sectors, as well as mechanical and electronic security products for the safe and vault industry. Unican is also the world's leading supplier of key blanks, key cutting equipment and mechanical pushbutton push·but·ton n. also push button A small button that activates an electric circuit when pushed. adj. also push-but·ton Equipped with or operated by a pushbutton. locks. Unican Security Systems Ltd. is traded on both the Montreal and Toronto Stock Exchanges under the UCS symbol. |
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