Met-Pro Corporation Increases Cash Dividend 10%
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Harleysville, PA, October 21, 2010 - Raymond J. De Hont, Chairman and Chief Executive Officer of Met-Pro
Corporation (NYSE:MPR), announced today that the Company's Board of Directors, at their meeting on October 20,
2010, increased the quarterly dividend by 10% from $0.06 to $0.066 per share. This equates to $0.266 per share on an
annualized basis
The increased dividend will be payable on December 17, 2010 to shareholders of record at the close of business on
December 3, 2010.
"We are pleased that the strength of our Company and its strong cash flow and balance sheet allow us to reward our
shareholders by increasing our cash dividend," stated De Hont. "This decision confirms the Board's continued confidence
in the underlying fundamental strength of our Company to create long-term sustainable growth and value for our
shareholders. This is the thirty-sixth consecutive year that Met-Pro Corporation has paid either a cash or stock dividend."
About Met-Pro
Met-Pro Corporation, with headquarters at 160 Cassell Road, Harleysville, Pennsylvania, is a leading niche-oriented
global provider of product recovery, pollution control and fluid handling solutions. The Company's diverse and synergistic
solutions and products address the world's growing need to meet more stringent emission regulations, reduce energy
consumption and employ green technology. Through its global sales organization, internationally recognized brands, and
operations in the United States, Canada, Europe and The People's Republic of China, Met-Pro's solutions, products and
systems are sold to a well-diversified cross-section of customers and markets around the world. For more information,
please visit www.met-pro.com.
Contact:
Investor Contact:
Gary J. Morgan
Senior Vice President of Finance, CFO
215-723-6751
Joseph Hassett, SVP
Gregory FCA Communications
610-228-2110
