On 17th February 2011, MOCON, Inc. Board of Directors declared a quarterly cash dividend of ten cents ($0.10) per share, payable on 20th May 2011, to shareholders of record on 6th May 2011.
The announcement reflects a five percent increase over the previous rate of nine and one-half cents per share. Furthermore, it represents the 91st consecutive quarter that the firm has provided stockholders with quarterly dividends.
MOCON is a key provider of detectors, instruments, systems and consulting services to a variety of clients. These include research laboratories, production facilities, as well as quality control and safety departments in the medical, pharmaceutical, food and beverage, packaging industries.