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Article: Manitowoc Company Directors Approve 2-Cent Quarterly Dividend and Announce Move to Annual Dividend.
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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At its meeting today, The Board of Directors of The Manitowoc Company, Inc. (NYSE:MTW), declared a quarterly cash dividend of 2 cents per share of common stock, payable on December 11, 2009, to shareholders of record on December 1, 2009.
The Board of directors also unanimously adopted a resolution switching the company's quarterly common stock cash dividend to an annual common stock cash dividend. In October next year, and in its regular fall meeting each year thereafter, the Board of Directors will determine the amount and timing of the annual dividend for that year.
About The Manitowoc Company, Inc.
The Manitowoc Company, Inc. is a ...