BEI Technologies Declares Quarterly Dividend
August 09 2005 - 7:30AM
PR Newswire (US)
SAN FRANCISCO, Aug. 9 /PRNewswire-FirstCall/ -- The Board of
Directors of BEI Technologies, Inc. (NASDAQ:BEIQ) today announced
its thirty-second consecutive quarterly dividend. The dividend of
one cent per share was declared effective August 8, 2005, and is
payable on September 7, 2005 to stockholders of record as of August
23, 2005. BEI Technologies, Inc. (the "Company" or "Technologies")
is an established manufacturer of electronic sensors, motors,
actuators, rotary optical encoders, linear encoders with associated
digital readouts (DROs), and motion control products used for
factory and office automation, medical equipment, military,
aviation and space systems. In addition, sales to manufacturers of
transportation equipment, including automobiles, trucks and
off-road equipment, have become a significant addition to the
Company's business in recent years. The Company's micromachined
quartz rate sensors are being used in advanced vehicle stability
control systems and a significant increase in the production of
those sensors had been in progress from the middle of 1998 to FY
2005 except for a decrease in production in fiscal 2002 due to
increased competition. The Company also manufactures electronic
steering wheel position sensors, seat-memory modules, throttle
position sensors, inertial navigation systems, and other devices
used in transportation systems. DATASOURCE: BEI Technologies, Inc.
CONTACT: John LaBoskey, Senior Vice President/CFO of BEI
Technologies, Inc., +1-415-956-4477 Web site:
http://www.bei-tech.com/
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