Printer Friendly

KRUG INTERNATIONAL DECLARES FIVE PERCENT STOCK DIVIDEND

 DAYTON, Ohio, Nov. 17 /PRNewswire/ -- KRUG International (NASDAQ-NMS: KRUG) announced today that its board of directors declared a five percent stock dividend on its outstanding common shares. The record date for the dividend is Nov. 29, 1993, and certificates for the dividend shares will be mailed on Jan. 10, 1994, to shareholders of record of the corporation on Nov. 29, 1993. No fractional shares will be issued. In lieu thereof, shareholders will be paid in cash the value of their fractional interest based on the price of the corporation's shares on Nov. 29, 1993.
 The corporation declared its last stock dividend on its outstanding common shares in February 1993.
 Through its three businesses -- Life Sciences and Engineering Services in the U.S.; Leisure Marine Distribution and Housewares Manufacturing in the U.K. -- KRUG International provides government, industry and consumers with a wide variety of products and services.
 KRUG International common shares are traded on the NASDAQ National Market System, symbol KRUG; Wall Street Journal OTC National Market issue, symbol KRUG.
 -0- 11/17/93
 /CONTACT: Ellen H. Geron, director, corporate communications, of KRUG International, 513-224-9066/
 (KRUG)


CO: KRUG International ST: Ohio IN: ARO LEI SU: DIV

KL-BM -- CL005 -- 5341 11/17/93 09:46 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 17, 1993
Words:205
Previous Article:BIG B, INC. REPORTS RECORD SALES AND EARNINGS
Next Article:NORDSON CORPORATION ANNOUNCES 17 PERCENT INCREASE IN QUARTERLY DIVIDEND
Topics:

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters