Dynamic Materials Declares Quarterly Cash Dividend
December 20 2010 - 8:00AM
Marketwired
Dynamic Materials Corporation (DMC) (NASDAQ: BOOM), the world's
leading provider of explosion-welded clad metal plates, today
announced that its board of directors has declared a regular
quarterly cash dividend of $0.04 per share. The dividend is payable
on January 14, 2011, to shareholders of record as of December 31,
2010.
About Dynamic Materials Corporation Based
in Boulder, Colorado, Dynamic Materials Corporation is a leading
international metalworking company. Its products, which are
typically used in industrial capital projects, include
explosion-welded clad metal plates and other metal fabrications for
use in a variety of industries, including oil and gas,
petrochemicals, alternative energy, hydrometallurgy, aluminum
production, shipbuilding, power generation, industrial
refrigeration and similar industries. The Company operates three
business segments: Explosive Metalworking, which uses proprietary
explosive processes to fuse different metals and alloys; Oilfield
Products, which manufactures, markets and sells oilfield
perforating equipment and explosives; and AMK Welding, which
utilizes various technologies to weld components for use in
power-generation turbines, as well as commercial and military jet
engines. For more information, visit the Company's websites at:
http://www.dynamicmaterials.com and
http://www.dynaenergetics.de.
CONTACT: Pfeiffer High Investor Relations, Inc. Geoff High
303-393-7044
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