Bolt Technology Corp. (BOLT) Declares $1.00 Special Dividend; 10% Yield

November 22, 2011 12:35 PM EST
Bolt Technology Corp. (NASDAQ: BOLT) declared a special dividend of $1.00 per share, or $1 annualized.

The dividend will be payable on December 20, 2011, to stockholders of record on December 6, 2011, with an ex-dividend date of December 2, 2011.

The annual yield on the dividend is 10 percent.

Bolt said it's Board is also considering the institution of a regular quarterly dividend based on, among other things, future operating profitability.


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