Bonal International, Inc. Declares Four Cent Dividend Due to Record Profit
July 13 2005 - 11:13AM
PR Newswire (US)
Bonal International, Inc. Declares Four Cent Dividend Due to Record
Profit ROYAL OAK, Mich., July 13 /PRNewswire-FirstCall/ -- Bonal
International, Inc. (OTC:BONL) today announced a dividend of four
cents per share on a 14 cent profit for the fiscal year ended March
31, 2005. The dividend is payable on August 19, 2005 for
shareholders of record as of the close of business on August 1,
2005. This is the first dividend to be paid since Bonal began
public trading in 1990. "Bonal International's Board of Directors
decided to pay a dividend based on last year's success so that our
shareholders can share the benefits of our best year," said A.
George Hebel, III, chairman of Bonal International. "In the future,
the Board will continue to evaluate the company's dividend policy
on an annual basis. Hopefully things at Bonal will continue to be
positive although there is no guarantee of future results." Bonal
International Inc. (OTC:BONL), through its wholly owned subsidiary,
Bonal Technologies, Inc., is the world's leading provider of
sub-harmonic technology for metal improvement solutions with more
than 35 years of expertise. Bonal's patented technology and its
three product lines: Meta-Lax(R) Stress Relief, Pulse Puddle Arc
Welding(R) (PPAW(R)) and Black Magic(TM) for distortion control,
are sold in the US and in more than 49 countries. Headquartered in
Royal Oak, Mich., Bonal provides a variety of services including
consulting, training, program design and metal stress relief
services for customers in the aerospace, armament, die casting,
engine building, machine tool, mining, petroleum, plastic molding,
racing, automotive, shipbuilding and welding industries. More
information on Bonal can be found at http://www.bonal.com/ .
DATASOURCE: Bonal International, Inc. CONTACT: Janine M. Krasicky,
+1-248-542-3991, +1-248-514-4558 (mobile), or Jennifer Knoll,
+1-248-546-2130, +1-248-514-1418 (mobile), both of J9 Media
Solutions LLC for Bonal International, Inc. Web site:
http://www.bonal.com/
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