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Article: MTS Systems Corporation Increases Dividend by 10%.
- Article from:
- PR Newswire
- Article date:
- August 30, 2006
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EDEN PRAIRIE, Minn., Aug. 30 /PRNewswire-FirstCall/ -- MTS Systems Corporation today announced that its Board of Directors has declared a fourth quarter dividend of 11 cents per share, a 10% increase in the quarterly common dividend. The dividend represents MTS Systems Corporation's ninety-ninth consecutive quarterly dividend.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020430/MTSCLOGO )
"This dividend increase is consistent with our policy of distributing one- quarter of the Company's earnings to shareholders over the long run," said Sidney W. Emery, Jr., Chairman and Chief Executive Officer. "It reflects management and the Board's confidence in ...