Gardner Denver (GDI) Declares $0.05 Quarterly Dividend; 0.3% Yield; Boosts Buyback by $100M
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Gardner Denver, Inc. (NYSE: GDI) declared a quarterly dividend of $0.05 per share, or $0.2 annualized.
The dividend will be payable on December 20, 2011, to stockholders of record on December 2, 2011, with an ex-dividend date of November 30, 2011.
The annual yield on the dividend is 0.3 percent.
In addition, the Company announced that on November 17, 2011 its Board of Directors has increased the authorized level for repurchases of its common stock by 1.3 million shares, or approximately $100 million, plus an additional amount to offset any future dilution resulting from equity grants under the Company's benefit plans. T
The dividend will be payable on December 20, 2011, to stockholders of record on December 2, 2011, with an ex-dividend date of November 30, 2011.
The annual yield on the dividend is 0.3 percent.
In addition, the Company announced that on November 17, 2011 its Board of Directors has increased the authorized level for repurchases of its common stock by 1.3 million shares, or approximately $100 million, plus an additional amount to offset any future dilution resulting from equity grants under the Company's benefit plans. T
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