29.12.2010 16:26:00
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Bogen to Pay Cash Dividend
Bogen Communications International, Inc. (Pink Sheets: BOGN.PK) ("Bogen”) announced today that it completed a bank financing yesterday, Tuesday, December 28th. As a result, the special cash dividend declared by the Board of Directors on December 9th of $1.00 per common share will be paid on December 30th, 2010 to shareholders of record on December 23rd, 2010. It is anticipated that approximately $0.65 to $0.70 of the dividend will qualify as an ordinary dividend and the remainder as return of capital or capital gain depending on shareholder basis. The allocation noted above is subject to change upon completion of the financial statements of the Company. Each shareholder is advised to consult with their tax advisor regarding the tax treatment of this dividend.
Please visit Bogen’s website at www.bogen.com for the complete Consolidated Financial Statements as well as additional information about the Company and its products and services.
About Bogen
Bogen Communications International, Inc., based in Ramsey, New Jersey, and Germering, Germany, develops, manufactures, and markets telecommunications peripherals, sound processing equipment, and Unified Messaging products and services. Bogen’s products are sold to commercial, industrial, professional, and institutional customers worldwide.
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