Core Molding Technologies, Inc. (CMT) Declares $0.05 Quarterly Dividend; 0.9% Yield

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Go back to Core Molding Technologies, Inc. (CMT) Declares $0.05 Quarterly Dividend; 0.9% Yield

Core Molding Technologies Reports Third Quarter 2017 Results and Declares Quarterly Dividend

November 2, 2017 9:10 AM EDT

COLUMBUS, Ohio--(BUSINESS WIRE)-- Core Molding Technologies, Inc. (NYSE American: CMT) (Core Molding or the Company) today announced results for the third quarter ended September 30, 2017.

Core Molding generated increased product sales in the third quarter, both on a year-over-year and a sequential basis, stated Kevin Barnett, Core Molding Technologies President and Chief Executive Officer. Our product sales were up 11% compared to the third quarter of last year as a result of stronger demand from both heavy-duty truck and marine customers. The Company delivered net income of $0.11 per diluted share in the current year third quarter compared... More