Sun Hydraulics (SNHY) Declares $0.04 Quarterly Dividend; 0.5% Yield
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Sun Hydraulics Reports 2015 Earnings, Announces Shared Distribution
February 29, 2016 5:00 PM ESTSARASOTA, FL -- (Marketwired) -- 02/29/16 -- Sun Hydraulics Corporation (NASDAQ: SNHY) today reported financial results for the fourth quarter and year-ended 2015. Additionally, the Board of Directors announced a $2.8 million shared distribution.
(Dollars in millions except net income per share) January 2, December 27, Increase/ 2016 2014 (Decrease) ------------ ------------ ----------- Twelve Months Ended Net sales $ 200.7 $ 227.7 (12)% Net income $ 33.1 $ 43.8 (24)% Net income per share: Basic $ 1.24 $ 1.65 (25)% Diluted $ 1.24 $ 1.65 (25)% Three Months Ended Net sales $ 44.3 $ 54.8 (19)% Net income $ 5.1 $ 10.3 (50)% Net income per share: Basic $ 0.19 $ 0.39 (51)% Diluted $ 0.19 $ 0.39 (51)%
"The fourth quarter was in line with our expectations, resulting in sales of $200.7 million for the year," stated... More
