Vulcan International Corp. (VULC: OTC Link) | JUNE DIVIDEND

JUNE DIVIDEND

May 22, 2012

OTC Disclosure News Service

Wilmington, DE –

NEWS RELEASE

 

May 22, 2012

Vulcan International , a holding company with facilities in Tennessee manufacturing rubber and foam products, and real estate operations in Ohio, Michigan and Tennessee, held a special Board meeting on Friday, May 18, 2012, in Cincinnati, Ohio.

At that meeting, the Board reviewed the Company’s current earnings and discussed the matter of a 2012 dividend. The Directors noted that the Company’s operational performance and financial results showed steady improvement through 2011 continuing into 2012.

Accordingly, in view of the current financial results, the Board declared a dividend of 25 cents per share on the common stock of the Company, payable June 4, 2012 to shareholders of record April 19, 2012.  The Board further stated that it intended to declare a second dividend in the latter half of the year subject to the then current earnings.

Attribute to Benjamin Gettler, Chairman of the Board and C.E.O.

 

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Article source: http://www.otcmarkets.com/stock/VULC/news?id=47904

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