NN, Inc. Declares Quarterly Cash Dividend, Payable on March 2, 2018
January 18, 2018 at 10:23 pm
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NN, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.07 per common share. The dividend will be paid on March 2, 2018, to shareholders of record as of the close of business on February 16, 2018.
NN, Inc. is a diversified industrial company. The Company combines advanced engineering and production capabilities with materials science expertise to design and manufacture high-precision components and assemblies. The Company operates through two segments: Mobile Solutions and Power Solutions. Mobile Solutions segment manufactures components for use in power steering, braking, transmissions, and gasoline fuel system applications, along with components utilized in heating, ventilation and air conditioning and diesel injection and diesel emissions treatment applications. The segmentâs technical capabilities can be utilized in various applications, including for use in battery electric, hybrid electric, and internal combustion engine vehicles. Power Solutions segment manufactures a range of products, including electrical contacts, connectors, contact assemblies, and precision stampings for the electrical end market and high precision products for the aerospace and defense end market.