World News: 21:00 GMT Wednesday 15th May 2019. [STRATTEC SECURITY CORPORATION via Globe Newswire via SPi World News]
MILWAUKEE, May 15, 2019 (GLOBE NEWSWIRE) -- STRATTEC SECURITY CORPORATION (NASDAQ:STRT) announced today that the Company’s Board of Directors, at its meeting held May 14, 2019, declared a cash dividend for the Company’s 2019 fiscal fourth quarter of $0.14 per common share. The dividend is payable on June 28, 2019 to shareholders of record as of June 14, 2019.
STRATTEC designs, develops, manufactures and markets automotive Access Control Products, including mechanical locks and keys, electronically enhanced locks and keys, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power lift gate systems, power deck lid systems, door handles and related products. These products are provided to customers in North America, and on a global basis through a unique strategic relationship with WITTE Automotive of Velbert, Germany and ADAC Automotive of Grand Rapids, Michigan. Under this relationship, STRATTEC, WITTE and ADAC market our products to global customers under the “VAST” brand name. STRATTEC’s history in the automotive business spans over 110 years.
Contact: Pat HansenSenior Vice President andChief Financial Officer414-247-3435www.strattec.com
Globe Newswire: 21:00 GMT Wednesday 15th May 2019
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