Published:
Baldor Electric Company Announces 1st Quarter 2008 Dividend and Notice of Annual Shareholders' Meeting
FORT SMITH, Ark., Feb. 26 /PRNewswire-FirstCall/ - Baldor Electric Company
(NYSE: BEZ) markets, designs, and manufactures industrial electric motors,
power transmission products, drives, and generators and is based in Fort
Smith, Arkansas. Baldor made the following announcements after the Company's
Board of Directors' meeting on February 25, 2008.
Cash Dividend ... The Board of Directors declared a regular quarterly
cash dividend of $0.17 per share on the Company's common stock. The cash
dividend is payable on March 31, 2008, to shareholders of record on March 10,
2008.
Notice of Annual Shareholders' Meeting ... The Board established
March 10, 2008, as the record date for voting at the Annual Shareholders'
Meeting. The meeting is scheduled for 10:30 am (CDT) on Saturday, April 26,
2008 and will be held at the Fort Smith Convention Center in Fort Smith,
Arkansas.
Next update ... The Company will make a presentation at the Sidoti &
Company Emerging Growth Institutional Investor Forum on March 25, 2008, inNew
York City. The Company will also make a presentation at the Better Investing
Raleigh Chapter Investor Fair on March 1, 2008, inRaleigh, North Carolina.
SOURCE Baldor Electric Company
Copyright © 2008, PRNewswire
Copyright © 2008, NewsBlaze,
Daily NewsTags: ,CPR,UTI,AUT,DIV,TDS,AR-Baldor-Electric
_ _Is your favorite bookmark site missing?
Ask for it.
Search News
Daily News
