Barnes Declares Quarterly Dividend
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.7%
Revenue Growth %: +54.1%
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BRISTOL, Conn.--(BUSINESS WIRE)-- The Board of Directors of Barnes Group Inc. (NYSE: B) has declared a quarterly cash dividend of sixteen cents ($0.16) per share. The dividend will be payable March 8, 2024, to shareholders of record at the close of business on February 22, 2024.
Barnes and its predecessor companies have paid a cash dividend to stockholders on a continuous basis since 1934.
About Barnes
Barnes Group Inc. (NYSE: B) leverages world-class manufacturing capabilities and market-leading engineering to develop advanced processes, automation solutions, and applied technologies for industries ranging from aerospace and medical & personal care to mobility and packaging. With a celebrated legacy of pioneering excellence, Barnes delivers exceptional value to customers through advanced manufacturing capabilities and cutting-edge industrial technologies. Barnes Aerospace specializes in the production and servicing of intricate fabricated and precision-machined components for both commercial and military turbine engines, nacelles, and airframes. Barnes Industrial excels in advancing the processing, control, and sustainability of engineered plastics and delivering innovative, custom-tailored solutions for industrial automation and metal forming applications. Established in 1857 and headquartered in Bristol, Connecticut, USA, the Company has manufacturing and support operations around the globe. For more information, visit please visit www.onebarnes.com.
Category: Dividends
View source version on businesswire.com: https://www.businesswire.com/news/home/20240208865913/en/
Investors:
Barnes
William Pitts
Vice President, Investor Relations
860.583.7070
Source: Barnes Group Inc.
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