Edelbrock Corp. Declares Semi-Annual Dividend
10 May 2000
Edelbrock Corp. Declares Semi-Annual Dividend; Semi-Annual Payments Reflect Company's Strong Financial Position and Desire to Reward Shareholders
TORRANCE, Calif.--May 10, 2000--Edelbrock Corp. declared a $0.02 per share semi-annual dividend on the company's common stock.The dividend is payable on June 9, 2000, to shareholders of record on May 31, 2000. On May 10, 2000, Edelbrock had 101 shareholders of record of its Common Stock and approximately 5.1 million shares outstanding.
"We have experienced solid financial results and have faith in the future to maintain our semi-annual dividend. We're pleased to have the opportunity to provide this additional return to our shareholders," said Vic Edelbrock, president and chief executive officer.