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Apogee Announces Increased Cash Dividend and Share Re-Purchase Authorization

Apogee Enterprises has declared a quarterly cash dividend of $0.0815 per share, payable on November 12, 2008 to shareholders of record on October 28, 2008. The dividend of $0.0815 per share represents an increase of 10 percent from the previous quarterly dividend of $0.074 per share. The company has approximately 28.4 million shares outstanding.

In addition, Apogee announced that its board of directors increased its share repurchase authorization by 1 million shares to 3,250,000 shares of the company's common stock; approximately 1,430,000 shares have already been purchased under this authorization.

CLICK HERE to read the full release about Apogee's increased cash dividend.

CLICK HERE to read more about Apogee's share re-purchase authorization

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