MOCON Announces Quarterly Dividend
November 20 2015 - 9:00AM
MOCON, Inc. (NASDAQ:MOCO) announced today that on November 19,
2015, its Board of Directors declared a quarterly cash dividend of
eleven cents ($0.11) per share, payable on February 19, 2016, to
shareholders of record on February 5, 2016. The Company has
consistently been paying dividends since 1984.
About MOCON
MOCON is a leading provider of detectors, instruments, systems
and consulting services to research laboratories, production
facilities, and quality control and safety departments in the
medical, pharmaceutical, food and beverage, packaging,
environmental, oil and gas and other industries worldwide. See
www.mocon.com for more information.
This press release contains forward-looking statements that are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. These
forward-looking statements include statements that can be
identified by words such as "will," "may," "expect," "believe,"
"anticipate," "estimate," "continue," "planned", or other similar
expressions. All forward-looking statements speak only as of
the date of this press release. MOCON undertakes no obligation
to update or revise any forward-looking statement, whether as a
result of new information, future events or otherwise. In
addition to the risks and uncertainties of ordinary business
operations and conditions in the general economy and the markets in
which the Company competes, there are important factors that could
cause actual results to differ materially from those anticipated by
the forward-looking statements made in this press
release. These factors include, but are not limited to, the
performance of Dansensor, worldwide economic conditions and
fluctuations in foreign currency exchange rates, the terms of our
credit agreement including financial covenants included
therein, dependence on certain key industries, pricing and
lack of availability of raw materials, crude oil pricing impact on
oil exploration activities, and other factors set forth in the
Company's Annual Report on Form 10-K for the year ended
December 31, 2014 and other documents MOCON files with or
furnishes to the Securities and Exchange Commission.
MOCON's shares are traded on the NASDAQ Global Market
System under the symbol MOCO. MOCON is a registered
trademark of MOCON, Inc.; other trademarks are those of their
respective holders.
CONTACT: For More Information, Contact
Elissa Lindsoe, CFO
763-493-6370 / www.mocon.com
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