SOURCE: Dynamic Materials Corp.

Dynamic Materials Corp.

December 10, 2009 08:00 ET

Dynamic Materials Declares Quarterly Cash Dividend

BOULDER, CO--(Marketwire - December 10, 2009) - Dynamic Materials Corporation (DMC) (NASDAQ: BOOM), the world's leading provider of explosion-welded clad metal plates, today announced that its board of directors has declared a regular quarterly cash dividend of $0.04 per share. The dividend is payable on January 15, 2010, to shareholders of record as of December 31, 2009.

About Dynamic Materials Corporation

Based in Boulder, Colorado, Dynamic Materials Corporation is a leading international metalworking company. Its products, which are typically used in industrial capital projects, include explosion-welded clad metal plates and other metal fabrications for use in a variety of industries, including oil and gas, petrochemicals, alternative energy, hydrometallurgy, aluminum production, shipbuilding, power generation, industrial refrigeration and similar industries. The Company operates three business segments: Explosive Metalworking, which uses proprietary explosive processes to fuse different metals and alloys; Oilfield Products, which manufactures, markets and sells oilfield perforating equipment and explosives; and AMK Welding, which utilizes various technologies to weld components for use in power-generation turbines, as well as commercial and military jet engines. For more information, visit the Company's websites at: http://www.dynamicmaterials.com and http://www.dynaenergetics.de.

Contact Information

  • CONTACT:
    Pfeiffer High Investor Relations, Inc.
    Geoff High
    303-393-7044