MOCON, Inc. (NasdaqGM:MOCO) announced today that on May 24, 2012,
its Board of Directors declared a quarterly cash dividend of ten and
one-half cents ($0.105) per share, payable on August 17, 2012, to
shareholders of record on August 3, 2012.
The Company has provided stockholders with quarterly dividends for the 96th
consecutive quarter. Prior to the present policy of quarterly
dividends, the Company had been paying dividends on a semi-annual basis
since 1984.
MOCON is a leading provider of test and measurement instrumentation,
sensors and detectors, and consulting and laboratory services to food,
beverage, medical, pharmaceutical, packaging, oil and gas and many other
industries worldwide. See www.mocon.com
for more information.
This press release contains forward-looking statements that are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements include
statements that can be identified by words such as “will,” “may,”
“expect,” “believe,” “anticipate,” “estimate,” “continue,” or other
similar expressions. All forward-looking statements speak only as of the
date of this press release. MOCON undertakes no obligation to update or
revise any forward-looking statement, whether as a result of new
information, future events or otherwise. In addition to the risks and
uncertainties of ordinary business operations and conditions in the
general economy and the markets in which the Company competes, there are
important factors that could cause actual results to differ materially
from those anticipated by the forward-looking statements made in this
press release. These factors include, but are not limited to, the
integration and performance of Dansensor, competition and technological
change, worldwide economic and political stability, setbacks in product
development programs, order cancellations, slower-than-anticipated
customer acceptance of new products, dependence on certain key
industries, risk associated with the Company's acquisition strategy and
international operations, and other factors set forth in the Company’s
Annual Report on Form 10-K for the year ended December 31, 2011 and
other documents MOCON files with or furnishes to the Securities and
Exchange Commission.
MOCON's shares are traded on the Nasdaq Global Market System under
the symbol MOCO.
MOCON is a registered trademark of MOCON, Inc.; other trademarks are
those of their respective holders.
