AstroNova Declares Regular Quarterly Dividend
AstroNova, Inc. (NASDAQ: ALOT), a global leader in data visualization technologies, today announced that on May 17, 2017, the Directors of the Company declared a regular quarterly cash dividend of $0.07 per share on its common stock. The dividend, which represents a cash dividend of $0.28 per share on an annualized basis, is payable on June 27, 2017, to shareholders of record at the close of business on June 9, 2017.
About AstroNova
AstroNova, Inc. (NASDAQ: ALOT), a global
leader in data visualization technologies, designs, manufactures,
distributes and services a broad range of products that acquire, store,
analyze and present data in multiple formats. The Product Identification
segment offers a variety of hardware and software products and
associated supplies that allow customers to mark, track and enhance the
appearance of their products. The segment’s two business units are
QuickLabel®, the industry leader in tabletop digital color label
printing and TrojanLabel™, a leader in the light-production color label
press and specialty printer markets. The Test and Measurement segment
includes the Test & Measurement business unit, which offers a suite of
products and services that acquire, record and analyze electronic signal
data from local and networked sensors. The segment also includes the
Aerospace business unit, which makes printers, networking hardware and
related accessories. These products are used in the aircraft flight deck
to print flight plans, navigation information and performance data and
in the aircraft cabin to print maintenance data, receipts and passenger
manifests. AstroNova is a member of the Russell Microcap® Index and the
LD Micro Index (INDEXNYSEGIS: LDMICRO). Additional information is
available by visiting www.astronovainc.com.
Forward-Looking Statements
Information included in this news
release may contain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements are not statements of historical fact, but rather reflect our
current expectations concerning future events and results. These
statements may include the use of the words “believes,” “expects,”
“intends,” “plans,” “anticipates,” “likely,” “continues,” “may,” “will”
and similar expressions to identify forward-looking statements. Such
forward-looking statements, including those concerning growth through
acquisitions, involve risks, uncertainties and other factors, some of
which are beyond our control, which may cause our actual results,
performance or achievements to be materially different from those
expressed or implied by such forward-looking statements. These risks,
uncertainties and factors include, but are not limited to, those factors
set forth in the Company’s Annual Report on Form 10-K for the fiscal
year ended January 31, 2017 and subsequent filings AstroNova makes with
the Securities and Exchange Commission. The Company undertakes no
obligation to publicly update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise. The
reader is cautioned not to unduly rely on such forward-looking
statements when evaluating the information presented in this news
release.
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