LANDAUER DECLARES STOCK SPLIT, INCREASED REGULAR CASH DIVIDEND AND SPECIAL CASH DIVIDEND
LANDAUER DECLARES STOCK SPLIT, INCREASED REGULAR
CASH DIVIDEND AND SPECIAL CASH DIVIDEND
GLENWOOD, Ill., Dec. 18 /PRNewswire/ -- Landauer, Inc. (AMEX: LDR) declared a two-for-one common stock split at its board of directors meeting today. The additional shares will be issued on Jan. 17, 1992, to shareholders of record on Jan. 2, 1992.
Landauer also declared a 20 percent increase in the regular quarterly dividend to $.15 per share for the first quarter of fiscal 1992. This regular dividend amount reflects the two-for-one stock split announced today, and is payable on Jan. 17, 1992, to shareholders of record on Jan. 2, 1992. The regular cash dividend had been $.125 per share for the previous four quarters, on a post-split basis.
In addition, Landauer declared a special cash dividend of $.50 per share also payable on Jan. 2, 1992, on a post-split basis.
/CONTACT: James M. O'Connell, vice president and treasurer of Landauer, 708-755-7000/
(LDR) CO: Landauer, Inc. ST: Illinois IN: SU: DIV SM -- NY060 -- 3505 12/18/91 15:05 EST