Kaydon Corporation (NYSE: KDN) today announced that on July 25, 2012, its Board of Directors declared a regular quarterly dividend of $.20 per common share. The dividend is payable on October 1, 2012 to stockholders of record as of the close of business on September 10, 2012. Kaydon Corporation is a leading designer and manufacturer of custom engineered, performance-critical products, supplying a broad and diverse group of alternative energy, military, industrial, aerospace, medical and electronic equipment, and aftermarket customers.
Kaydon Corporation (NYSE:KDN) hit a new 52-week low Friday as it is currently trading at $20.58, below its previous 52-week low of $20.67 with 8,657 shares traded as of 9:33 a.m. ET. Average volume has been 359,900 shares over the past 30 days.