Teleflex Increases Dividend 11 Percent; Twenty-Six Consecutive Years of Increases
PLYMOUTH MEETING, Pa.--April 25, 2003--Teleflex Incorporated announced today that its Board of Directors had declared an increase in the quarterly cash dividend from 18 cents ($0.18) per share to 20 cents ($0.20) per share of common stock. This dividend is payable June 16, 2003 to shareholders of record at the close of business on May 26, 2003. The new annual rate of 80 cents ($0.80) per share is an increase of 11% over the previous rate.Teleflex is a diversified industrial company with annual revenues of more than $2 billion. Its businesses serve the aerospace, medical, automotive, marine and industrial markets. Teleflex has increased its cash dividend to shareholders in each of the 26 years since it began paying dividends in 1977. The company offers a Dividend Reinvestment & Direct Stock Purchase and Sale Plan. For information about the Plan, call 877/842-1572 (toll free), or log on to www.investpower.com to make an initial purchase. Additional information about Teleflex can be obtained from the company's Web site on the Internet at www.teleflex.com.