Printer Friendly

VRLN) Varlen declares regular quarterly dividend.

NAPERVILLE, Ill.--(BUSINESS WIRE)--Nov. 25, 1996--Varlen Corp. (NASDAQ:VRLN) directors today declared a regular quarterly dividend of 9 cents per share on the company's common stock.

The dividend will be payable on Feb. 3, 1997, to stockholders of record at the close of business on Jan. 17, 1997.

Varlen has paid dividends continuously since 1971.

Varlen, headquartered in Naperville, Ill., is a leading manufacturer of precision-engineered transportation products for the railroad, heavy-duty truck/trailer and automotive industries as well as petroleum analyzers. The common stock is traded on the NASDAQ stock market under the symbol VRLN. The company's 6-1/2 percent convertible subordinated debentures are traded on the NASDAQ SmallCap Market under the symbol VRLNG.

CONTACT: Varlen Corp.

Richard L. Wellek, President and CEO

Richard A. Nunemaker, Vice President and CFO

COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Nov 25, 1996
Previous Article:Garden Botanika reports third quarter operating results.
Next Article:Portland General Corp. and Enron announcement.

Related Articles
Varlen enters into definitive agreement to buy Brenco through $165 million cash tender offer.
Carson Pirie Scott & Co. Added to S&P SmallCap 600 Index.
Varlen Sells Life Sciences Research Laboratory Equipment Business to Jouan, Inc.
Varlen Corp., Elexor Create New Company to Track Freight Cars.
RJR Nabisco declares regular dividends on Common Stock, Series B and Series C Preferred Stocks.
Varlen Sells Brenco's Rail Link Unit to Genesee and Wyoming Inc.
Varlen reports record third quarter sales, operating profit.
RJR Nabisco declares regular dividends on common stock, Series B and Series C preferred stocks.
Featured Articles From S&P Personal Wealth.
REIT report. (Industry Insider--In the Loop Business News).

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