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TheStreet Open House

Briggs & Stratton Approves Dividend Payment Date Change

MILWAUKEE, Dec. 12, 2012 /PRNewswire/ -- Briggs & Stratton Corporation (NYSE:BGG):

The Board of Directors of Briggs & Stratton Corporation today approved a change in the payment date of its regular cash dividend previously approved on October 17, 2012.

(Logo: http://photos.prnewswire.com/prnh/20120529/CG15020LOGO)  

The payment date for the dividend of $0.12 cents per share has been changed to December 31, 2012 from January 2, 2013.  The record date for this quarterly dividend remains unchanged at December 14, 2012.

David Rodgers, Senior Vice President and Chief Financial Officer, said, "Due to the current dividend tax rate's scheduled expiration on December 31, 2012, the company is accelerating the payment date of the dividend by two days to provide shareholders certainty on tax treatment for dividends received."

                                                            BRIGGS & STRATTON CORPORATION

                                                            David J. Rodgers                                                            Senior Vice President and                                                            Chief Financial Officer

SOURCE Briggs & Stratton Corporation

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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