The dividend of $0.074 per share represents an increase of 10 percent from the previous quarterly dividend of $0.0675 per share. The company has approximately 29.1 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 a producer of optical thin film coatings for consumer electronics displays.
Apogee Enterprises Raises Quarterly Cash Dividend 10 Percent to $0.074 Per Share
The Board of Directors of Apogee Enterprises, Inc. (Nasdaq:APOG) announced it has declared a quarterly cash dividend of $0.074 per share, payable on November 14, 2007 to shareholders of record on October 30, 2007.