Knape & Vogt Declares First-Quarter Cash Dividends
October 25 2005 - 5:26PM
PR Newswire (US)
GRAND RAPIDS, Mich., Oct. 25 /PRNewswire-FirstCall/ -- Knape &
Vogt Manufacturing Co. (NASDAQ:KNAP) announced today that its Board
of Directors declared regular quarterly cash dividends of 16.5
cents per share on the Company's common stock and 15 cents per
share on its Class B common stock. Both dividends are payable on
December 9, 2005 to shareholders of record at the close of business
on November 25, 2005. The Company's dividend payable dates for the
remainder of fiscal 2006 are expected to be March 10, 2006 and June
9, 2006, subject to the Board of Directors approving the quarterly
dividend payments. Knape & Vogt Manufacturing Co. brings more
than a century of experience to the design, manufacturing and
distribution of kitchen and bath storage solutions and office
products for original equipment manufacturers, specialty
distributors, office furniture dealers, hardware chains and major
home centers throughout the country. Additional information on KV's
product lines is available on http://www.knapeandvogt.com/ .
CAUTIONARY STATEMENT: This press release contains certain
forward-looking statements that involve risks and uncertainties.
Forward-looking statements include statements concerning expected
future dividend payments. Payments of future dividends are subject
to certain risks and uncertainties which could cause actual results
to differ materially from those expressed or implied by such
forward-looking statements, including, but not limited to,
economic, competitive, and governmental factors affecting the
Company's operations, markets and products. Readers are cautioned
not to place undue reliance on these forward-looking statements,
which speak only as of the date of this press release. Further
information concerning our business, including additional factors
that could materially affect our financial results, is included in
our filings with the Securities and Exchange Commission.
DATASOURCE: Knape & Vogt Manufacturing Co. CONTACT: Leslie
Cummings, Vice President of Finance of Knape & Vogt
Manufacturing Co., +1-616-459-3311, Ext. 225; or Jeff Lambert or
Eric Lubbers of Lambert, Edwards & Associates, Inc.,
+1-616-233-0500, Web site: http://www.knapeandvogt.com/
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