Strattec Security (STRT) Raises Quarterly Dividend 9.1% to $0.12; 0.7% Yield

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STRATTEC SECURITY CORPORATION Increases Quarterly Dividend

August 21, 2014 5:00 PM EDT

MILWAUKEE, Aug. 21, 2014 (GLOBE NEWSWIRE) -- STRATTEC SECURITY CORPORATION (Nasdaq: STRT) announced today that the Company's Board of Directors, at its meeting held August 21, 2014, declared a cash dividend for the Company's fiscal first quarter of $0.12 per common share. This represents a 9 % increase from the previous regular dividend of $.11 per common share. The dividend is payable on September 26, 2014 to shareholders of record as of September 12, 2014.

STRATTEC designs, develops, manufactures and markets automotive Access Control Products, including mechanical locks and keys, electronically enhanced locks and keys, steering column and instrument panel ignition lock housings,... More