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4-Traders Homepage  >  Equities  >  Nyse  >  Harman International Industries Inc    HAR

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Harman International Industries Inc./DE/ : HARMAN Announces Quarterly Cash Dividend

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04/30/2012 | 02:15pm CET

Harman International Industries, Incorporated (NYSE:HAR) declared a cash dividend on April 30, 2012 of $.075 cents per share for the third quarter ended March 31, 2012. The quarterly dividend will be paid on May 24, 2012, to each stockholder of record as of the close of business on May 10, 2012.

HARMAN (www.harman.com) designs, manufactures and markets a wide range of audio and infotainment solutions for the automotive, consumer and professional markets -- supported by 15 leading brands, including AKG®, Harman Kardon®, Infinity®, JBL®, Lexicon® and Mark Levinson®. The Company is admired by audiophiles across multiple generations and supports leading professional entertainers and the venues where they perform. More than 25 million automobiles on the road today are equipped with HARMAN audio and infotainment systems. HARMAN has a workforce of about 13,000 people across the Americas, Europe and Asia, and reported net sales of $4.3 billion for the twelve months ended March 31, 2012. The Company's shares are traded on the New York Stock Exchange under the symbol NYSE:HAR.

HAR-D

© 2012 HARMAN International Industries, Incorporated. All rights reserved. Harman Kardon, Infinity, JBL, Lexicon and Mark Levinson are trademarks of HARMAN International Industries, Incorporated, registered in the United States and/or other countries. AKG is a trademark of AKG Acoustics GmbH, registered in the United States and/or other countries. Features, specifications and appearance are subject to change without notice.

Harman International Industries, Incorporated
Robert V. Lardon, 203-328-3500
Vice President, Investor Relations
robert.lardon@harman.com


© Business Wire 2012
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Financials ($)
Sales 2017 7 413 M
EBIT 2017 769 M
Net income 2017 435 M
Debt 2017 546 M
Yield 2017 1,30%
P/E ratio 2017 19,08
P/E ratio 2018 15,36
EV / Sales 2017 1,12x
EV / Sales 2018 1,05x
Capitalization 7 759 M
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Mean consensus HOLD
Number of Analysts 12
Average target price 106 $
Spread / Average Target -4,4%
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Managers
NameTitle
Dinesh C. Paliwal Chairman, President & Chief Executive Officer
David J. Slump Executive Vice President-Operations
Sandra E. Rowland Chief Financial Officer & Executive Vice President
Marty O'Brien Chief Information Officer & Vice President
Henry Tirri Chief Technology Officer & Executive VP
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