Bonal (PK) (USOTC:BONL)
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Bonal International, Inc. Declares Four Cent Dividend Due to
Record Profit
ROYAL OAK, Mich., July 13 /PRNewswire-FirstCall/ -- Bonal International, Inc.
(OTC:BONL) today announced a dividend of four cents per share on a 14 cent
profit for the fiscal year ended March 31, 2005. The dividend is payable on
August 19, 2005 for shareholders of record as of the close of business on
August 1, 2005. This is the first dividend to be paid since Bonal began public
trading in 1990.
"Bonal International's Board of Directors decided to pay a dividend based on
last year's success so that our shareholders can share the benefits of our best
year," 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. Hopefully things at Bonal will continue to be positive although
there is no guarantee of future results."
Bonal International Inc. (OTC:BONL), 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(TM) 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, +1-248-542-3991, +1-248-514-4558 (mobile),
or Jennifer Knoll, +1-248-546-2130, +1-248-514-1418 (mobile), both of J9 Media
Solutions LLC for Bonal International, Inc.
Web site: http://www.bonal.com/