Ronson Corporation Declares 5% Stock Dividend on Common Stockadmin
Ronson Corporation reported:
DECLARATION OF 5% COMMON STOCK DIVIDEND — The Company’s Board of Directors on February 1, 2007 declared a 5% stock dividend on the Company’s outstanding common stock. The 5% stock dividend is payable on April 16, 2007 to stockholders of record March 30, 2007. The 5% stock dividend will increase the outstanding common shares of the Company by about 228,000 to about 4,815,000 shares.
Ronson Corporation’s operations includes its wholly-owned subsidiaries: 1) Ronson Consumer Products Corporation in Woodbridge, NJ, and Ronson Corporation of Canada Ltd, manufacturers and marketers of Ronson consumer products; and 2) Ronson Aviation, Inc., a fixed based operator at Trenton-Mercer airport, Trenton, NJ, providing fueling, sales/services of aircraft,
avionics and hangar/office leasing.
Source: Ronson Corporation