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Article: KNAPE & VOGT DECLARES REGULAR AND EXTRA CASH DIVIDENDS
- Article from:
- PR Newswire
- Article date:
- April 23, 1992
CopyrightCOPYRIGHT 1992 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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KNAPE & VOGT DECLARES REGULAR AND EXTRA CASH DIVIDENDS
GRAND RAPIDS, Mich., April 23 /PRNewswire/ -- Knape & Vogt Manufacturing Co.'s board of directors today declared a regular cash dividend of 14 cents per share of common stock and 12-1/2 cents per share of Class B common stock. The board also approved the declaration of an extra cash dividend of 10 cents per share of common stock and 9 cents per share of Class B common stock.
This is fifth consecutive year the company has approved an extra cash dividend. Raymond E. Knape, chairman and president, said, "The extra cash dividends reflect the confidence our board has for the future prospects of the company."
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