Flowserve Announces Quarterly Cash Dividend of $0.36 Per Share
DALLAS, May 17, 2012 -- Flowserve Corp. (NYSE: FLS), today announced that its board of directors has authorized the payment of a quarterly cash dividend.
DALLAS, May 17, 2012 -- Flowserve Corp. (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced that its board of directors has authorized the payment of a quarterly cash dividend of $0.36 per share on the company's outstanding shares of common stock.
The dividend is payable on July 13, 2012, to shareholders of record as of the close of business on June 30, 2012.
While Flowserve currently intends to pay regular quarterly cash dividends for the foreseeable future, any future dividends, at this $0.36 per share rate or otherwise, will be reviewed individually and declared by the board at its discretion, dependent on the board's assessment of the company's financial condition and business outlook at the applicable time.
Technical Contact: Mike Mullin, Director Investor Relations (972) 443-6636
Media Contact: Steve Boone, director, global communications and public affairs, (972) 443-6644