Dynamic Materials Declares Quarterly Cash Dividend
BOULDER, CO -- (Marketwired) -- 06/18/14 -- Dynamic Materials Corporation (BOOM) (DMC) (NASDAQ: BOOM), today announced that its board of directors has declared a regular quarterly cash dividend of $0.04 per share. The dividend is payable on July 15, 2014, to shareholders of record as of June 30, 2014.
Based in Boulder, Colorado, DMC serves a global network of customers in the energy, infrastructure and industrials markets through two core businesses: NobelClad and Oilfield Products. The NobelClad segment is the world's largest manufacturer of explosion-welded clad metal plates, which are used to fabricate capital equipment utilized within various process industries and other industrial sectors. The Oilfield Products segment is comprised of DynaEnergetics, an international manufacturer and marketer of advanced explosive components and systems used to perforate oil and gas wells, and AMK Technical Services, which utilizes various specialized technologies to weld components for use in oilfield equipment, power-generation turbines, and commercial and military jet engines. For more information, visit the Company's website at: http://www.dynamicmaterials.com
CONTACT: Pfeiffer High Investor Relations, Inc. Geoff High 303-393-7044
Source: Dynamic Materials Corp.