MOCON, Inc. (NasdaqGM:MOCO) announced today that on December 16, 2010, its Board of Directors declared a quarterly cash dividend of nine and one-half cents ($0.095) per share, payable on February 18, 2011, to shareholders of record on February 4, 2011.
The Company has provided stockholders with quarterly dividends for the 90th consecutive quarter. Prior to the present policy of quarterly dividends, the Company had been paying dividends on a semi-annual basis since 1984.
MOCON is a leading provider of detectors, instruments, systems and consulting services to research laboratories, production facilities, and quality control and safety departments in the medical, pharmaceutical, food and beverage, packaging, environmental, oil and gas and other industries worldwide.