GUARDSMAN PRODUCTS, INC. DECLARES REGULAR CASH DIVIDEND
GUARDSMAN PRODUCTS, INC. DECLARES REGULAR CASH DIVIDEND GRAND RAPIDS, Mich., Nov. 14 /PRNewswire/ -- The directors of
Guardsman Products, Inc. (NYSE: GPI) today declared the regular fourth- quarter cash dividend of $.125 per share, payable Dec. 16, 1991, to shareowners of record Dec. 2, 1991. This continues the company's 74th consecutive year of cash dividends.
Charles E. Bennett, president and chief operating officer, stated, "Our history of conservative financial management provides us the strong financial condition necessary to continue our level of cash dividends in these difficult economic times. While our current expectations for 1992 do not include a strong recovery, we are confident in the long-term prospects of our business." Guardsman Products, Inc. is a diversified producer of custom industrial coatings and consumer products. -0- 11/14/91 /CONTACT: Edward D. Corlett of Guardsman Products, Inc., 616-957-2600/ (GPI) CO: Guardsman Products, Inc. ST: Michigan IN: SU: DIV ML -- DE025 -- 4506 11/14/91 15:17 EST
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|Date:||Nov 14, 1991|
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