HORSEHEADS, N.Y. — Hardinge Inc. (NASDAQ: HDNG) announced that its board of directors has approved payment of a regular quarterly cash dividend of 2 cents a common share.
The dividend is payable Sept. 10 to stockholders of record at the close of business on Sept. 2, Hardinge said. It’s the same dividend amount that the company has paid in each of the last 12 quarters.
Hardinge is a Horseheads–based, global manufacturer of high precision, computer-controlled machine-tool products. The company said it generates about 67 percent of its sales outside North America.
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Hardinge’s machine tool and accessory products can also be found in a broad base of industries, including aerospace, agricultural, automotive, construction, consumer products, defense, energy, medical, technology, and transportation.
The company has manufacturing operations in China, France, Germany, Switzerland, Taiwan, the United Kingdom, and the United States.