BOULDER, Colo. (AP) ¿ Metalworking company Dynamic Materials Corp. declared Monday a quarterly dividend of 4 cents per share, payable July 15 to shareholders of record June 30.

This is the Boulder, Colo., company's first quarterly dividend. It previously issued an annual dividend of 15 cents per share.

Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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