Ft Lauderdale, Florida 1/23/2010 9:15:00 AM
News / Business

Woodward (NASDAQ: WGOV) Declares Cash Dividend

Woodward Governor Company (NASDAQ: WGOV) recently announced that its Board of Directors has approved a quarterly cash dividend of $0.06 per share, payable on March 1, 2010 to shareholders of record as of February 16, 2010.

           

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Woodward is an independent designer, manufacturer, and service provider of energy control and optimization solutions used in global infrastructure equipment. The Company serves the aerospace and defense, power generation and distribution, and transportation markets. Their systems and components optimize the performance of commercial aircraft; military aircraft, ground vehicles and other equipment; gas and steam turbines; wind turbines; reciprocating engines; and electrical power systems. The company's innovative fluid and electrical energy and combustion and motion control systems help customers offer cleaner, more reliable and more cost-effective equipment. Our customers include leading original equipment manufacturers and end users of their products. Woodward is headquartered in Fort Collins, Colo.  Woodward's energy control technologies are at the core of growing global markets—power generation, transportation, process industries, and aerospace. Our technologies ensure that our customers' engines, turbines, and other power equipment are dependable, efficient, and clean burning. Customers such as General Electric, Caterpillar, Cummins, Rolls-Royce, and others depend on our products. The company plans to grow organically and through acquisitions. We anticipate organic growth based on the products we have in the markets today, new product introductions, and the strength of the markets. Our goal is to be the preferred systems supplier to the top three to four original equipment manufacturers in each market segment we serve.

 

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