Sun Hydraulics Corporation Declares 50% Stock Dividend and Increases Cash Dividend
SARASOTA, FL–(Marketwire – 06/09/11) – Sun Hydraulics Corporation (NASDAQ: SNHY – News ) has announced a 50% stock dividend and increased the Company’s cash dividend. The stock dividend increases the total shares outstanding to approximately 25.6 million shares from 17.1 million. The cash dividend is in the amount of $0.09 per share on the new total shares outstanding after the stock dividend …
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Sun Hydraulics Corporation Declares 50% Stock Dividend and Increases Cash Dividend
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