Synalloy (SYNL) Raises Annual Dividend 15.4% to $0.30; 1.9% Yield
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Synalloy Corporation Announces 15% Increase in Annual Dividend Payment
November 14, 2014 9:50 AM ESTSPARTANBURG, S.C., Nov. 14, 2014 (GLOBE NEWSWIRE) -- Synalloy Corporation, (Nasdaq: SYNL), a growth oriented company that engages in a number of diverse business activities including the production of stainless steel pipe, fiberglass and steel storage tanks and specialty chemicals, announces the declaration of an annual dividend of $.30 per share payable on December 9, 2014 to holders of record on November 24, 2014.
This dividend payment marks the eighth consecutive year Synalloy has paid an annual dividend bringing the total amount returned to shareholders since 2007 to $14.3 million. The Board is pleased with the Company's continued growth in adjusted... More
