Edelbrock Corp. Declares Semi-Annual Dividend
12 October 2000
Edelbrock Corp. Declares Semi-Annual Dividend; Semi-Annual Payments Reflect Company's Strong Financial Position and Desire to Reward Shareholders
TORRANCE, Calif.--Oct. 12, 2000--Edelbrock Corporation declared a $0.02 per share semi-annual dividend on the company's Common Stock.The dividend is payable on November 15, 2000, to shareholders of record on November 7, 2000. On October 12, 2000, Edelbrock had 110 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 once again pleased to have the opportunity to provide this additional return to our shareholders," said Vic Edelbrock, president and chief executive officer.