Bonal International, Inc. Declares Dividend, Payable on December 15, 2017
November 27, 2017 at 01:16 pm EST
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Bonal International, Inc. announced a dividend of $0.05 per share. This dividend marks the twenty-first time Bonal has issued dividends over the last thirteen consecutive fiscal years. The dividend is payable on December 15, 2017 to the shareholders of record as of the close of business on December 8, 2017.
Bonal International, Inc. provides a complete variety of consulting, training, program designing and metal stress relief services to several industries, including automotive, aerospace, mining, petroleum, shipbuilding, welding, machine tooling, plastic molding, racing, engine building, armament, and die casting. The Company's patented technology and its three distinct product lines include Meta-Lax Stress Relief, Pulse Puddle Arc Welding (PPAW) and Black Magic. It sells its products throughout the United States and in 64 foreign countries. Meta-Lax equipment is the Companyâs main product line. The Meta-Lax equipment can be used to stress relieve metal work pieces in place of heat treat stress relief and/or can be used during welding. Its facility has a storage capacity of approximately 9,000 pallets. Its Meta-Lax equipment includes Series 2000, Series 2400 and Series 2800.