Bonal International, Inc. Declares Seven Cent Dividend

Royal Oak-based Bonal International Inc. (OTC:BONL) Thursday announced a dividend of 7 cents a share.

This is the sixth dividend paid by Bonal International in the last six fiscal years.

The dividend is payable Sept. 9 to shareholders of record as of the close of business on Aug. 20.

“The Board of Directors feels that the company is in a strong position,” said Thomas E. Hebel, newly appointed interim president of Bonal Technologies. “We remain very optimistic about the future.”

Bonal International, through its subsidiary Bonal Technologies Inc., provides sub-harmonic vibratory stress relief and weld conditioning technology. The technologies allow many of the benefits of heat treating metal at a fraction of the time, energy consumption and cost.

More at www.Bonal.com.

(c) 2010, WWJ Newsradio 950. All rights reserved.

Comments

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Detroit

Best Christmas Light Displays
Best Holiday Drink Ideas

Watch & Listen