Espey Manufacturing (ESP) Declares $0.25 Quarterly Dividend; 3.5% Yield

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Espey Increases Number of Authorized Directors and Declares Regular Quarterly Dividend

June 5, 2018 8:01 AM EDT

SARATOGA SPRINGS, N.Y., June 05, 2018 (GLOBE NEWSWIRE) -- Espey Mfg. & Electronics Corp. (NYSE AMERICAN: ESP) announces that it has increased the number of authorized directors from seven to nine and that Roger N. Sexauer and David ONeil have been appointed by its Board of Directors to fill the two vacancies.

Mr. Sexauer recently retired from DRS Technologies, Inc. where he served in various senior executive positions, most recently holding the position Executive Vice President of Corporate Business Development.  He had also served as President of DRSs $1.2... More