Espey Announces Special Dividend and Increases Regular Quarterly Dividend
February 25 2008 - 3:34PM
Business Wire
The Board of Directors of Espey Mfg. & Electronics Corp.,
(AMEX:ESP) has declared a special cash dividend of $1.50 per share
and increased the regular quarterly dividend from $0.175 per
quarter, to $0.20 per quarter. The dividends will be payable on
March 20, 2008, to all shareholders of record on March 6, 2008.
Espey�s primary business is the development, design, and production
of specialized military and industrial power supplies/electronic
equipment. The Company�s web site can be found on the Internet at
www.espey.com. Certain statements in this press release are
"forward-looking statements" and are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. These forward-looking statements represent the Company's
current expectations or beliefs concerning future events. The
matters covered by these statements are subject to certain risks
and uncertainties that could cause actual results to differ
materially from those set forth in the forward-looking statements.
The Company wishes to caution readers not to place undue reliance
on any such forward-looking statements, which speak only as of the
date made.
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