Lufkin Industries Announces Fourth Quarter 2012 Dividend Of $0.125 Per Share
By Lufkin Industries, Inc.
Published: Thursday, Nov. 8, 2012 - 1:12 pm
LUFKIN, Texas, Nov. 8, 2012 -- /PRNewswire/ -- Lufkin Industries, Inc. (NASDAQ: LUFK) announced today that the Board of Directors has declared a fourth quarter cash dividend of $0.125 per share on its common stock. The dividend will be paid on December 10, 2012, to shareholders of record on December 3, 2012.
Lufkin Industries, Inc. sells and services oilfield pumping units, well automation systems, gas lift and plunger lift systems, progressing cavity pumps, well completion products, foundry castings and power transmission products throughout the world. Lufkin has vertically integrated all vital technologies required to design, manufacture and market its products.