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Bandag declares 4Q dividend

Order Reprints

Bandag Inc.'s board of directors declared a regular quarterly dividend of $.325 per share on its common stock, Class A common stock and Class B common stock.

The dividend is payable April 19, 2004, to shareholders of record at the close of business on March 19, 2004.

Bandag's common stock closed at $49 a share on the New York Stock Exchange on March 9. That compares to a 52-week high of $49.33 and low of $28.70. Bandag's Class A common stock closed at $47.55 a share vs. a 52-week high of $47.69 and low of $26.39.

Bandag's Class B common stock is unlisted.

Bandag recently reported consolidated net income of $60.2 million on consolidated net sales of $900.5 million for 2003.

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