Joy Global Inc. Declares Quarterly Dividend of $0.01 Per Share
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MILWAUKEE--(BUSINESS WIRE)-- Joy Global Inc. (NYSE: JOY), a worldwide leader in high-productivity mining solutions, announces that its board of directors has declared a quarterly dividend in the amount of $0.01 per share to be paid on January 15, 2016 to shareholders of record on December 30, 2015. The reduction in the dividend is being driven by the significant downturn in commodity prices and the resulting impact on the company’s bookings, revenues and cash flows.
Joy Global Inc. is a worldwide leader in mining equipment and services for surface and underground mining.
JOY-G
View source version on businesswire.com: http://www.businesswire.com/news/home/20151216005265/en/
Joy Global Inc.
James M. Sullivan
Executive Vice President and
Chief Financial Officer
+1 414-319-8509
Source: Joy Global Inc.
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