Thursday, August 12, 2004
Black Box Corporation Declares Quarterly Cash Dividend
Increases dividend rate by 20%
Black Box Corporation (NASDAQ:BBOX) today announced that its Board of Directors has declared a quarterly cash dividend of $0.06 per share of common stock.
This dividend represents a 20% increase from the dividend of $0.05 declared in previous quarters. The $0.06 dividend was declared on all outstanding shares of Black Box’s common stock and will be payable on October 15, 2004 to stockholders of record at the close of business on September 30, 2004.
“We are pleased to have the financial strength to continue our dividend program and increase this quarter’s dividend rate by 20%,” said Fred C. Young, Chief Executive Officer.
Black Box will pay the dividend through its transfer agent, American Stock Transfer & Trust Company, 59 Maiden Lane, New York, NY 10038.
Black Box is the world's largest technical services company dedicated to designing, building, and maintaining today's complicated network infrastructure systems. Black Box services clients of all sizes in 132 countries throughout the world.
Black Box Corporation