Sevcon Announces Record and Payment Dates for Series A Convertible Preferred Stock
March 11 2015 - 11:54AM
Sevcon, Inc. (Nasdaq:SEV) a world leader in the design and
manufacture of controls for zero emission electric and hybrid
vehicles, today announced that a semi-annual dividend on the
company's Series A Convertible Preferred Stock will be payable on
April 15, 2015, to shareholders of record at the close of business
on April 2, 2015. The dividend will be $0.48 per share,
representing the pro-rata amount for the period commencing October
16, 2015.
Dividends on the Series A Convertible Preferred Stock are
payable on October 15 and April 15 each year at the rate of 4
percent per annum of the stated value of $24 per share.
About Sevcon, Inc.
Sevcon is a world leader in the design and manufacture of
controls for zero emission electric and hybrid vehicles. The
controls are used to vary the speed and movement of vehicles, to
integrate specialized functions, and to optimize the energy
consumption of the vehicle's power source. Sevcon supplies
customers throughout the world from its operations in the USA, the
UK, France and the Asia Pacific region and through an international
dealer network. Sevcon's customers are manufacturers of on and
off-road vehicles including cars, trucks, buses, motorcycles, fork
lift trucks, aerial lifts, mining vehicles, airport tractors,
sweepers and other electrically powered vehicles. For more
information, visit www.sevcon.com.
CONTACT: David Calusdian
Sharon Merrill Associates
1 (617) 542 5300
SEV@InvestorRelations.com
Matt Boyle
President and CEO
1 (508) 281 5503
matt.boyle@Sevcon.com
Sono Group NV (NASDAQ:SEV)
Historical Stock Chart
From Jun 2024 to Jul 2024
Sono Group NV (NASDAQ:SEV)
Historical Stock Chart
From Jul 2023 to Jul 2024