08.10.2008 21:12:00
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Apogee Enterprises Raises Quarterly Cash Dividend 10 Percent to $0.0815 Per Share
The Board of Directors of Apogee Enterprises, Inc. (Nasdaq: APOG) announced it has declared a quarterly cash dividend of $0.0815 per share, payable on November 12, 2008 to shareholders of record on October 28, 2008. The dividend of $0.0815 per share represents an increase of 10 percent from the previous quarterly dividend of $0.074 per share. The company has approximately 28.4 million shares outstanding.
Apogee Enterprises, Inc., headquartered in Minneapolis, is a leader in technologies involving the design and development of value-added glass products and services. The company is organized in two segments:
- Architectural products and services companies design, engineer, fabricate, install, maintain and renovate the walls of glass and windows comprising the outside skin of commercial and institutional buildings.
- Large-scale optical segment consists of a value-added glass and acrylic manufacturer for the custom framing market and commercial optics.
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