BEI Technologies Declares Quarterly Dividend
9 May 2000
BEI Technologies Declares Quarterly DividendSAN FRANCISCO, May 9 The Board of Directors of BEI Technologies, Inc. today announced its eleventh consecutive quarterly dividend of two cents per share. The dividend was declared May 9, 2000 and is payable June 8, 2000 to shareholders of record May 24, 2000. 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.