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)
Are You Ready for the Pay Transparency Law?
Following the lead of New York City and other state and local jurisdictions, New York State’s pay transparency law will be effective September 17, 2023. The law ushers in a
Financial Inclusion through Affordable and Safe Banking Products
Financial inclusion is the accessibility of useful and affordable financial products and services to all individuals and businesses. Financial institutions have made strides in advancing these practices, most recently in
Contact Rombel at arombel@cnybj.com