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Ceco Environmental to pay first quarterly cash dividend

25 August 2011

Air filter maker Ceco Environmental Corp is to start paying dividends to shareholders.

The first Ceco Environmental quarterly dividend of US$0.025 per share will be paid on 30 September 2011, to shareholders of record at the close of business on 15 September 2011.

Jeff Lang, Ceco Environmental's CEO, said: “We are confident in the long term financial strength and growth prospects for Ceco and believe initiating a cash dividend provides increased value for our current shareholders and is also attractive to new shareholders who want to invest in a growth company with a dividend.”

 

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Industrial air filtration

 

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