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BEIQ Bei Technologies (MM)

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Share Name Share Symbol Market Type
Bei Technologies (MM) NASDAQ:BEIQ NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

BEI Technologies Declares Quarterly Dividend

18/11/2004 9:17pm

PR Newswire (US)


Bei (NASDAQ:BEIQ)
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BEI Technologies Declares Quarterly Dividend SAN FRANCISCO, Nov. 18 /PRNewswire-FirstCall/ -- The Board of Directors of BEI Technologies, Inc. (NASDAQ:BEIQ) today announced its twenty-ninth consecutive quarterly dividend. The dividend of one cent per share was declared effective November 17, 2004, and is payable on December 15, 2004 to stockholders of record as of December 1, 2004. BEI Technologies, Inc. (the "Company" or "Technologies") is an established manufacturer of electronic sensors, motors, actuators, rotary optical encoders, linear encoders with associated digital readouts (DROs), and motion control products used for factory and office automation, medical equipment, military, aviation and space systems. In addition, sales to manufacturers of transportation equipment, including automobiles, trucks and off-road equipment, have become a significant addition to the Company's business in recent years. The Company's micromachined quartz rate sensors are being used in advanced vehicle stability control systems and a significant increase in the production of those sensors had been in progress from the middle of 1998 to FY 2004 except for a decrease in production in fiscal 2002 due to increased competition. The Company is currently transitioning to its next generation of automotive inertial quartz based sensor products, remotely mounted multi- sensor clusters with CAN Bus and a multi rate sensor package suitable for incorporation into electronic systems modules. The Company also manufactures electronic steering wheel position sensors, seat-memory modules, throttle position sensors, inertial navigation systems, and other devices used in transportation systems. DATASOURCE: BEI Technologies, Inc. CONTACT: John LaBoskey, Senior Vice President/CFO of BEI Technologies, Inc., +1-415-956-4477 Web site: http://www.bei-tech.com/

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