Harris Corp Declares 2 For-1 Stock Split And 12 cent Quarterly Dividend

Released on = February 26, 2005, 10:45 am

Press Release Author = C.P. Barry

Industry = Financial

Press Release Summary = Dynamic Materials (Nasdaq: BOOM) shares nearly doubled Friday after the company posted a strong third-quarter profit. For its third quarter ended Sept. 30, the Boulder, Colo., metalworking company earned $833,902, or 16 cents a share.

Press Release Body = (EMAILWIRE.COM, February 26, 2005) Lake Harmony, PA – Harris Corp. (NYSE: HRS) on Friday declared a Two-for-One stock split, reflecting what it said was a strong financial performance during the year. The company, which provides communications services through radio, broadcast, and microwave systems, also declared its regular quarterly dividend of 12 cents per share.

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Dynamic Materials (Nasdaq: BOOM) shares nearly doubled Friday after the company posted a strong third-quarter profit. For its third quarter ended Sept. 30, the Boulder, Colo., metalworking company earned $833,902, or 16 cents a share. That reverses the year-ago loss of $679,393, or 13 cents a share. On a continuing operations basis, latest-quarter earnings jumped to 22 cents a share from 7 cents a share a year earlier.

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