PITTSBURGH (AP) â¿¿ Mine Safety Appliances Co. said Wednesday its board raised the company's regular quarterly dividend to 26 cents from 25 cents.

The 4 percent increase is payable June 10 to shareholders of record on May 23.

The board of the maker of safety products for workers and consumers also declared a 56.25-cent dividend on its preferred stock, payable June 1 to shareholders of record on May 23.

Shares of the company slipped 48 cents to close at $38.68 Wednesday.

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