Kaydon Corporation (NYSE: KDN) today announced that on December 6, 2012, its Board of Directors has approved a change in the payable date of the Company’s regular quarterly dividend of $.20 per common share to December 28, 2012 from January 2, 2013. The record date for this quarterly dividend remains unchanged at December 10, 2012. Kaydon Corporation is a leading designer and manufacturer of custom engineered, performance-critical products, supplying a broad and diverse group of industrial, military, alternative energy, aerospace, medical and semiconductor 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.