wiredinUSA August 2014

INDEX

Allied recognition

Dividend declared Optical Cable

Allied Wire & Cable was named “Business of the Year” by the Main Line chamber of commerce, during its annual Celebration of Business Leadership luncheon, in recognition of the company’s overall success as well as its positive impact on the Philadelphia-area community. This event is made to bring together the Main Line business community, family and friends to recognize hard work and leadership. Factors in determining which business would be classified as “Business of the Year” included the level of growth a company has been able to achieve, outside recognition by government and industry entities, innovative approach to providing products and services, involvement in the community, and entrepreneurial spirit. Allied was not only celebrated for its growth and approach to business, but also for its dedication to charitable causes, especially those focusing on the wellbeing of families. Dan Flynn, co-president of Allied Wire & Cable, accepted the award.

Corporation has announced the declaration of a regular quarterly cash dividend to the company’s shareholders. The board of directors declared a dividend of $0.02 per share on the company’s common stock, effective 15 th July 2014. The dividend will be paid on or about 15 th August 2014 to shareholders recorded on 29 th July 2014. The announced dividend implies an annual cash dividend of $0.08 per common share. Neil Wilkin, president and chief executive officer of OCC, said: “We are pleased to announce our sixteenth consecutive quarterly dividend since OCC’s board of directors began declaring quarterly dividends in October 2010,” adding: “OCC continues to generate positive operating cash flow each year, enabling the board to return cash to shareholders in the form of a regular quarterly dividend.”

wiredInUSA - August 2014

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