Remy Intl (REMY) Raises Quarterly Dividend 10% to $0.11; 2% Yield
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Remy International, Inc. Announces First Quarter 2015 Results, Dividend Increased by 10%, Provides Full Year 2015 Guidance
May 6, 2015 6:03 PM EDTPENDLETON, Ind., May 6, 2015 /PRNewswire/ -- Remy International, Inc. (NASDAQ: REMY), a leading worldwide manufacturer, remanufacturer, and distributor of starter motors and alternators, multi-line products and hybrid electric motors, today announced its financial results for the first quarter ended March 31, 2015. Remy also announced a 10% increase in its quarterly dividend to $0.11 per share payable on May 29, 2015 to stockholders of record on May 18, 2015.
Jay Pittas, Remy International, Inc. President and CEO commented, "We performed well in a tough environment with strong currency headwinds and macro-economic conditions. We are excited by the continued... More
