SOURCE: Dynamic Materials Corp.

Dynamic Materials Corp.

December 20, 2011 08:00 ET

Dynamic Materials Declares Quarterly Cash Dividend

BOULDER, CO--(Marketwire - Dec 20, 2011) - Dynamic Materials Corporation (DMC) (NASDAQ: BOOM), a diversified provider of industrial products and services and the world's leading manufacturer 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 16, 2012, to shareholders of record as of December 30, 2011.

About Dynamic Materials Corporation
Based in Boulder, Colorado, Dynamic Materials Corporation serves a global network of industrial customers through two core business segments: Explosive Metalworking and Oilfield Products; as well as a specialized industrial service provider, AMK Welding. The Explosive Metalworking segment is the world's largest manufacturer of explosion-welded clad metal plates, which are used to fabricate capital equipment utilized within various process industries and other industrial sectors. Oilfield Products is an international manufacturer and marketer of advanced explosive components and systems used to perforate oil and gas wells. AMK Welding utilizes various specialized technologies to weld components for use in power-generation turbines, and 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