Barnes Group Inc. (NYSE: B), an international aerospace and industrial manufacturing and service provider, today announced classification for cash distributions for the 2012 calendar year to assist its stockholders in their tax planning. Cash distributions during 2012 are anticipated to be wholly classified as an ordinary dividend distribution. Stockholders who have questions regarding the impact on their taxes should consult with their personal tax advisor.
Barnes Group Inc. and its predecessor companies have paid a dividend to stockholders on a continuous basis since 1934.
About Barnes Group
Founded in 1857, Barnes Group Inc. (NYSE: B) is an international aerospace and industrial manufacturing and service provider, serving a wide range of end markets and customers. The products and services provided by Barnes Group are used in far-reaching applications that provide transportation, communication, manufacturing and technology to the world. Barnes Group’s approximately 5,100 dedicated employees, at more than 50 locations worldwide, are committed to achieving consistent and sustainable profitable growth. For more information, visit www.BGInc.com.
This release may contain certain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are made based upon management's good faith expectations and beliefs concerning future developments and their potential effect upon the Company and can be identified by the use of words such as "anticipated," "believe," "expect," "plans," "strategy," "estimate," "project," and other words of similar meaning in connection with a discussion of future operating or financial performance. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those expressed in the forward-looking statements. The risks and uncertainties described in our periodic filings with the Securities and Exchange Commission, include, among others, uncertainties arising from the current or worsening disruptions in financial markets; future financial performance of the industries or customers that we serve; changes in market demand for our products and services and numerous other matters of global, regional or national scale, including those of a political, economic, business, competitive, environmental, regulatory and public health nature. The Company assumes no obligation to update our forward-looking statements.