Key Developments: Raven Industries Inc (RAVN.O)
31.13USD
22 May 2013
$-0.49 (-1.55%)
$31.62
$31.50
$31.81
$30.95
153,578
117,427
$37.73
$23.01
Latest Key Developments (Source: Significant Developments)
Raven Industries Inc Increases Cash Dividend 14% To 12.0 Cents Per Share Payable April 25, 2013
Raven Industries Inc announced that its board of directors has approved a 14% increase in the Company's regular quarterly cash dividend to 12.0 cents per share. The dividend is payable April 25, 2013, to shareholders of record on April 10, 2013. This is Raven's 27th consecutive annual cash dividend increase. Full Article
Raven Industries Inc Announces Cash Dividend of 10.5 Cents Payable on December 312012
Raven Industries Inc announced that board of directors has approved a regular cash dividend of 10.5 cents per share, payable December 31, 2012, to shareholders of record on December 14, 2012. Full Article
Raven Industries Inc Announces Cash Dividend
Raven Industries Inc announced that its board of directors has approved a regular cash dividend of $0.105 per post-split share, payable October 25, 2012, to shareholders of record on October 10, 2012. Full Article
Raven Industries, Inc. Announces Cash Dividend
Raven Industries, Inc. announced that its Board of Directors has approved the regular cash dividend of $0.21 per pre-split share, payable July 25, 2012, to shareholders of record on July 10, 2012. The company announced that its Board has approved a two-for-one split of its common stock in the form of a stock dividend. The stock split distribution date is July 25, 2012. For every one share of Raven stock owned as of the close of business on July 10, 2012, the record date of the stock split, shareholders will own two shares of Raven common stock. Full Article
Raven Industries, Inc. Comments On Long Term Net Income Guidance; Reaffirms Long Term Earning Guidance-Conference Call
Raven Industries, Inc. announced that it expects to achieve long term objectives of 12%-15% net income improvement and expectations are to once again meet its long term target of at least 10% growth in earnings. According to I/B/E/S Estimates, analysts were expecting the Company to report net income of $55.52 for fiscal 2013 and net income $61.01 for fiscal 2014; EPS of $3.13 for fiscal 2013 and EPS of $3.37 for fiscal 2014. Full Article
Raven Industries, Inc. Announces Cash Dividend
Raven Industries, Inc. announced that its Board of Directors approved a 17% increase in the company's regular quarterly cash dividend to $0.21 per share. The dividend is payable April 25, 2012 to shareholders of record on April 10, 2012. Full Article
Raven Industries, Inc.'s Aerostar Closes Acquisition Vista Research, Inc.
Raven Industries, Inc. announced that its Aerostar division has completed the acquisition of Vista Research, Inc., a provider of surveillance systems that enhance the effectiveness of radars using sophisticated algorithms. Vista's smart sensing radar systems (SSRS) are employed in a host of advanced detection and tracking applications, including wide-area surveillance for the border patrol and the military. The final purchase price consisted of initial consideration of $12 million in cash, with up to $21.5 million in additional benchmark and earn-out amounts payable to Vista's parent company over the next seven years. In addition, the Stock Purchase Agreement provides for the establishment of a revenue-based bonus pool of up to $15 million to be allocated to employees of Vista Research, Inc. over the next seven years. Full Article
Raven Industries, Inc.'s Aerostar To Acquire Vista Research, Inc.
Raven Industries, Inc. announced that its Aerostar division has signed a stock purchase agreement to acquire Vista Research, Inc., a provider of surveillance systems that enhance the effectiveness of radars using sophisticated algorithms. Under the terms of the agreement, Raven will acquire Vista Research for an initial cash purchase price of approximately $12 million, with up to $38.5 million in additional benchmark and earn-out payments over the next seven years. The transaction is expected to close in January and is subject to customary closing conditions. Full Article
Raven Industries, Inc. Announces Cash Dividend
Raven Industries, Inc. announced that its Board of Directors has approved the regular quarterly cash dividend of $0.18 per share, payable January 13, 2012, to shareholders of record on December 30, 2011. Full Article
Raven Industries, Inc. Announces Cash Dividend
Raven Industries, Inc. announced that its Board of Directors has approved the regular quarterly cash dividend of $0.18 per share, payable October 14, 2011, to shareholders of record on September 30, 2011. Full Article

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