Espey Mfg and Electronics: Jumps after reporting special div., higher Q4 profit

Espey MFG & Electronics

13/09/2018 16:09

** Shares  ESP.A  of the maker of power converters and power
distribution equipment rise as much as 10.2 pct to $29.20
    ** Declares special cash dividend of $1.00/share; Special
dividend in addition to regular dividend of $0.25/share for Q1
FY 2019
    ** Dividends payable on Oct. 1 to shareholders of record at
Sept. 24
    ** Q4 profit more than triples to $700,398, or $0.29 per
share; net sales jump 43.3 pct to $7.8 mln  urn:newsml:reuters.com:*:nGNX9vTyN1
    ** Up to Wednesday's close, stock had risen 10.6 pct YTD

 (Reporting by Ankit Ajmera in Bengaluru)
 ((Reuters Messaging:
ankit.ajmera.thomsonreuters.com@reuters.net))