National Presto Industries, Inc. Announces Dividend for 2022, Payable on March 15, 2022
February 14, 2022 at 11:40 am EST
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The board of directors of National Presto Industries, Inc. announced the 2022 dividend, which consists of the regular dividend of $1.00 per share, plus an extra of $3.50 per share. The 2022 dividend is the most recent in an unbroken history of seventy-eight years. The record date for the dividend will be March 1, 2022, and the payment date, March 15, 2022.
National Presto Industries, Inc. is engaged in various business segments, which includes Housewares/Small Appliance, Defense and Safety. The Housewares/Small Appliance segment designs, markets and distributes housewares and small electrical appliances, including pressure cookers and canners, kitchen electrics, and comfort appliances. The Defense segment manufactures 40-millimeter (mm) ammunition, precision mechanical and electro-mechanical assemblies, medium caliber cartridge cases and metal parts; performs Load, Assemble and Pack (LAP) operations on ordnance-related products primarily for the United States Government and prime contractors, and manufactures detonators, booster pellets, release cartridges, lead azide and others. The Safety segment offers systems that provide early warning of conditions that could ultimately lead to significant losses and also offers carbon monoxide alarms with large digital displays and an array of voice messages that clearly inform of incipient danger.