Gardner Denver, Inc. (GDI) Q4 2011 & Year End 2011 February 10, 2011 8:30 am ET Executives Barry L. Pennypacker – President, Chief Executive Officer & Director Michael M. Larsen – Chief Financial Officer & Vice President Analysts Kevin Maczke – Barry L. Pennypacker &T Capital Markets James C. Lucas – Janney Montgomery Scott Jamie Sullivan – RBC Capital Markets Michael P. Halloran – Robert W. Baird & Co. Julian Mitchell – Credit Suisse Securities (USA) LLC. Cliff Ransom – Ransom Research Joseph Mondillo – Sidoti & Company, LLC Jeffrey Hammond – Keybanc Capital Markets Joshua Pokrzywinski – MKM Partners, LLC. PresentationOperator
Welcome to the Gardner Denver fourth quarter 2011 earnings call. At this time all participants are in a listen only mode. A brief question and answer session will follow the formal presentation. (Operator Instructions) As a reminder, this call is being recorded. It is now my pleasure to introduce your host Barry Pennypacker, President and CEO. Barry L. Pennypacker Welcome to Gardner Denver’s fourth quarter 2011 earnings conference call. I’m joined this morning by Michael Larsen, Gardner Denver’s Vice President and Chief Financial Officer. Before we begin with our remarks Mike will have a few comments regarding our forward-looking statements. Michael M. Larsen Let me remind you that any statements made by Gardner Denver during the call today other than historical facts are forward-looking statements made in reliance upon the Safe Harbor of the Private Securities Litigation Reform Act of 1995. As a general matter, forward-looking statements are those focused upon anticipated events or trends and assumptions, expectations and beliefs relating to matters that are not historical in nature.
The ex-dividend date for Gardner Denver (NYSE:GDI) is tomorrow, June 7, 2013. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $75.33 as of 9:30 a.m., the dividend yield is 0.3%.