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BONL Bonal International Inc (PK)

0.66
0.00 (0.00%)
24 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Bonal International Inc (PK) USOTC:BONL OTCMarkets 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% 0.66 0.66 0.66 0.00 01:00:00

Bonal International, Inc. Declares Five Cent Dividend Due to Record Profit

12/07/2006 4:35pm

PR Newswire (US)


Bonal (PK) (USOTC:BONL)
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ROYAL OAK, Mich., July 12 /PRNewswire-FirstCall/ -- Bonal International, Inc. (OTC:BONL) today announced a dividend of $0.05 per share on a $0.15 per share net profit. This compares to a $0.04 dividend per share on a $0.14 profit for the prior fiscal year. The dividend is payable on August 25, 2006 for shareholders of record as of the close of business on August 4, 2006. This is the second dividend to be paid since Bonal began public trading in 1990. "In terms of dollars profit, Bonal topped its record from 2005, making 2006 our best year. Bonal International's Board of Directors decided to pay a dividend 25% higher than last year. The directors are happy that the company is in a position to pay a dividend to the shareholders," 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." Bonal International, Inc., 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(R) 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 of J9 Media Solutions LLC, +1-248-542-3991, mobile: +1-248-514-4558, for Bonal International, Inc. Web site: http://www.bonal.com/

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