MOCON Increases Quarterly Dividend

MINNEAPOLIS, MOCON, Inc. announced today that on February 21, 2012, its Board of Directors declared a quarterly cash dividend of ten and one-half cents ($0.105) per share, payable on May 18, 2012, to shareholders of record on May 4, 2012. This is a five percent increase over the previous rate of ten cents per share.

The Company has provided stockholders with quarterly dividends for the 95th consecutive quarter. Prior to the present policy of quarterly dividends, the Company had been paying dividends on a semi-annual basis since 1984.

MOCON is a leading provider of detectors, instruments, systems and consulting services to research laboratories, production facilities, and quality control and safety departments in the medical, pharmaceutical, food and beverage, packaging, environmental, oil and gas and other industries worldwide.

< | >