BEI Technologies Declares Quarterly Dividend
2 March 1999
BEI Technologies Declares Quarterly DividendSAN FRANCISCO, March 2 -- The Board of Directors of BEI Technologies, Inc. today announced its sixth consecutive quarterly dividend of two cents per share. The dividend was declared March 1, 1999 and is payable March 30, 1999 to shareholders of record March 16, 1999. BEI Technologies and its subsidiaries were spun-off from their parent, BEI Electronics, Inc., at the end of September 1997 by distribution of the outstanding stock of BEI Technologies to the stockholders of BEI Electronics. BEI Technologies' former parent, BEI Electronics, paid 36 consecutive quarterly dividends from its initial public offering in 1989 through September 1997. BEI Technologies, Inc., through its principal subsidiary, BEI Sensors & Systems Company, is an established manufacturer of electronic sensors and motion control products used for factory and office automation, medical and scientific equipment, military, aviation and space systems, and transportation equipment, including automobiles, trucks and off-road equipment. GyroChip(R) is a registered trademark of BEI Sensors & Systems Company, Inc.