23 / 48
wiredInUSA - August 2014
23
Allied
recognition
Allied Wire & Cable was named “Business
of the Year” by the Main Line chamber of
commerce, during its annual Celebration
of Business Leadership luncheon, in
recognition of the company’s overall
success as well as its positive impact on
the Philadelphia-area community.
This event is made to bring together the
Main Line business community, family
and friends to recognize hard work and
leadership. Factors in determining which
business would be classified as “Business
of the Year” included the level of growth
a company has been able to achieve,
outside recognition by government and
industry entities, innovative approach
to providing products and services,
involvement in the community, and
entrepreneurial spirit.
Allied was not only celebrated for its
growth and approach to business, but
also for its dedication to charitable
causes, especially those focusing on
the wellbeing of families. Dan Flynn,
co-president of Allied Wire & Cable,
accepted the award.
Dividend
declared
Optical
Cable
Corporation
has
announced the declaration of a regular
quarterly cash dividend to the company’s
shareholders.
The board of directors declared a
dividend of $0.02 per share on the
company’s common stock, effective 15
th
July 2014. The dividend will be paid on
or about 15
th
August 2014 to shareholders
recorded on 29
th
July 2014.
The announced dividend implies an
annual cash dividend of $0.08 per
common share.
Neil Wilkin, president and chief executive
officer of OCC, said: “We are pleased
to announce our sixteenth consecutive
quarterly dividend since OCC’s board
of directors began declaring quarterly
dividends in October 2010,” adding:
“OCC continues to generate positive
operating cash flow each year, enabling
the board to return cash to shareholders in
the form of a regular quarterly dividend.”
INDEX