BMC Industries declares quarterly dividend

Date: 8 November 2001
Source: GE Sealant

Date: 8 November 2001

BMC Industries, Inc., today announced that its board of directors has declared a regular quarterly cash dividend. The dividend, however, has been reduced from $.015 per share to $.0025 per share.

This change is based on the board's decision to use cash generated by BMC's businesses to reduce debt and to fund additional strategic initiatives.

The dividend is payable January 2, 2002 to shareholders of record as of December 19, 2001.

BMC Industries, founded in 1907, is comprised of two business segments: Buckbee-Mears and Optical Products.

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