ELMIRA — Hardinge Inc. (NASDAQ: HDNG), a global manufacturer of metal-cutting tools, announced Tuesday that its board of directors has approved payment of a regular quarterly cash dividend of 2 cents a share.
The dividend is payable March 8 to stockholders of record at the close of business on Feb. 28. Based on yesterday’s $11.25 closing price for Hardinge shares, the company’s annual dividend yield equals 0.71 percent. The 2 cents a share is the same dividend amount the company has paid in each of the previous six quarters.
Elmira–based Hardinge, which generates about 75 percent of its sales outside the U.S., is set to report its fourth-quarter earnings on Thursday, before the open of trading. The company employs more than 1,300 people globally.
(Sponsored)
Fraud Contingencies Plans Are Essential
Your business likely has a disaster recovery plan in place—procedures for handling fires, natural disasters or other crises that could disrupt operations or endanger lives. While a fraud contingency plan
Does Your Nonprofit Need an Annual Audit?
Many people wonder if a nonprofit needs an annual audit, and the answer is—it depends.Although there is no federal requirement that all tax-exempt organizations undergo an audit, many possible triggers
Contact Rombel at arombel@cnybj.com
