- RV Business - http://www.rvbusiness.com -

Spartan Motors Issues Cash Dividend on Stock

Posted By RVBusiness On April 27, 2012 @ 2:36 pm In Breaking News | No Comments

Spartan Motors Inc. today (April 27) announced that its board has declared a semi-annual cash dividend of $0.05 per share of common stock.

The Charlotte, Mich.-based manufacturer of custom chassis, emergency-rescue and service and delivery vehicles reported its semi-annual dividend will be payable on June 14 to shareholders of record at the close of business on May 10.

“The approval of this semi-annual dividend reflects the board’s confidence in the near and long-term future of Spartan’s operations, financial health and strategic direction,” said John Sztykiel, president and CEO of Spartan Motors. “The board is committed to providing shareholders a constant return component for their investment and consistently builds the dividend into its annual capital plan.”

 

[Slashdot] [Digg] [Reddit] [Facebook] [Google] [StumbleUpon]

Article printed from RV Business: http://www.rvbusiness.com

URL to article: http://www.rvbusiness.com/2012/04/spartan-motors-issues-cash-dividend-on-stock/

Copyright © 2009 RV Business. All rights reserved.