Gardner Denver Inc. (GDI) Q1 2012 Earnings Call April 20, 2012 8:30 AM ET Executives Barry Pennypacker – President and CEO Michael Larsen – Vice President and CFO Analysts James Lucas - Janney Capital Markets Jeffrey Hammond - KeyBanc Capital Markets Michael Halloran - Robert W. Baird Kevin Maczka - BB&T Capital Markets Joshua Pokrzywinski - MKM Partners Charles Clarke - Credit Suisse Jamie Sullivan - RBC Capital Markets Clifford Ransom - Ransom Research, Inc. Joe Mondillo - Sidoti & Company PresentationOperator
Greetings and welcome to the Gardner Denver First Quarter 2012 Financial Results 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. Thank you Mr. Pennypacker, you may begin. Barry L. Pennypacker Good morning Rob. Good morning everyone and welcome to Gardner Denver's first quarter 2012 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 prepared remarks, Michael has a few comments regarding our forward-looking statements. Michael M. Larsen Thank you, Barry, and good morning everyone. Let me just remind you that any statements made by Gardner Denver during the call 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. Such forward-looking statements are subject to uncertainties and factors relating to Gardner Denver's operations and business environment, all of which are difficult to predict and many of which are beyond the control of the company. These uncertainties and factors could cause actual results to differ materially from those matters expressed in or implied by such forward-looking statements. Please refer to Gardner Denver's first quarter 2012 earnings press release issued on April 19, 2012 for further information regarding potential uncertainties and factors that could cause actual results to differ from anticipated results.
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%.