SOURCE: Bowne & Co., Inc.

October 23, 2009 09:15 ET

Bowne Declares Quarterly Cash Dividend of $0.055 per Share

Company Has Paid Consecutive Quarterly Dividends Since Going Public in 1968

NEW YORK, NY--(Marketwire - October 23, 2009) - Bowne & Co., Inc. (NYSE: BNE) today announced the declaration of a quarterly dividend on its Common Stock, payable in cash at the rate of $0.055 per share. The dividend will be payable November 20, 2009 to shareholders of record at the close of business on November 6, 2009.

"We have strengthened our balance sheet, paid down debt, increased liquidity and most recently, extended and amended our credit agreement with our bank syndicate," said Dave Shea, Chairman and CEO. "As a result, we are very pleased to return value to our shareholders with a cash dividend this quarter."

Bowne has paid consecutive quarterly dividends since the Company became public in August 1968.

About Bowne & Co., Inc.

Bowne & Co., Inc. (NYSE: BNE) provides shareholder and marketing communications services around the world. Dealmakers rely on Bowne to handle critical transactional communications with speed and accuracy. Compliance professionals turn to Bowne to prepare and file regulatory and shareholder communications online and in print. Investment managers and third party fund administrators count on Bowne's integrated solutions to streamline their document processes and produce high quality communications for their shareholders. Marketers look to Bowne to create and distribute customized, one-to-one communications on demand. With 2,800 employees in 50 offices around the globe, Bowne has met the ever-changing demands of its clients for more than 230 years. For more information, please visit www.bowne.com.

Contact Information

  • Investor Relations Contact:
    Bryan Berndt
    Treasurer
    212-658-5817
    bryan.berndt@bowne.com

    Media Contact:
    Pamela Blum
    Director of Corporate Communications
    212-658-5884
    pamela.blum@bowne.com

    Bowne & Co., Inc.
    55 Water Street
    New York, NY 10041
    (212) 924-5500
    Fax: (212) 658-5871