{"id":29930,"date":"2012-06-28T12:16:00","date_gmt":"2012-06-28T12:16:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/harman-international-industries-har-doubles-annual-dividend\/29930\/"},"modified":"2012-06-28T12:16:00","modified_gmt":"2012-06-28T12:16:00","slug":"harman-international-industries-har-doubles-annual-dividend","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/harman-international-industries-har-doubles-annual-dividend\/29930\/","title":{"rendered":"Harman International Industries &#8211; HAR &#8211; Doubles Annual Dividend"},"content":{"rendered":"<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - News Links *\/\ngoogle_ad_slot = \"3490797620\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 15;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<p><!--Ad Injection mfunc mode ad include code--><!--mfunc include_once('\/mnt\/Target01\/327806\/www.thestockmarketwatch.com\/web\/content\/stock-market-news\/wp-content\/plugins\/ad-injection\/adshow.php') --><!--\/mfunc--><\/p>\n<p><strong><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/wp-content\/uploads\/2012\/06\/harman.gif\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-29940\" title=\"harman\" src=\"https:\/\/storage.googleapis.com\/smw-news-wp\/2012\/06\/harman.gif\" alt=\"\" width=\"207\" height=\"85\"><\/a>Harman International Industries, Incorporated (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=HAR\">NYSE:HAR<\/a>)<\/strong>, the leading global audio and infotainment group, announced that its board of directors has adopted an annual cash dividend policy pursuant to which the company will increase its annual cash dividend to $0.60 per share, to be paid quarterly at the rate of $0.15 per share.\u00a0 The higher rate represents a 100 percent increase over the prior quarterly rate of $0.075 per share.\u00a0 The increased dividend will go into effect for the new fiscal year, which starts July 1, 2012, and the first quarterly payment will be in September 2012.<\/p>\n<p>\u201cThe continued improvement in the company\u2019s financial performance, including ten consecutive quarters of top and bottom line growth, has bolstered our confidence in our company and allowed us to again substantially increase our dividend,\u201d said Dinesh C. Paliwal, the Company\u2019s Chairman, President and CEO.\u00a0 \u201cBesides investing in R&amp;D and growth initiatives, and buying back company stock, this dividend increase is another example of Harman\u2019s commitment to returning value to our shareholders as we continue to build the longer term value of our company.\u201d<\/p>\n<p><strong>About Harman &#8211; HAR<\/strong><\/p>\n<p><!--Ad Injection mfunc mode ad code--><!--mfunc adshow_display_ad_file_v2(array('ad_random_1.txt'), array(100), array('align' => 'float right', 'clear' => '', 'margin_top' => '', 'margin_bottom' => '', 'padding_top' => '', 'padding_bottom' => ''), array(), array()) --><\/p>\n<div style=\"float:right;margin-left:5px;\"><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - in News 300 *\/\ngoogle_ad_slot = \"5684630733\";\ngoogle_ad_width = 300;\ngoogle_ad_height = 250;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/div>\n<p><!--\/mfunc--><\/p>\n<p>Harman (HAR) designs, manufactures and markets a wide range of audio and infotainment solutions for the automotive, consumer and professional markets \u2014 supported by 15 leading brands, including AKG, Harman Kardon, Infinity, JBL, Lexicon and Mark Levinson. HAR is admired by audiophiles across multiple generations and supports leading professional entertainers and the venues where they perform. More than 25 million automobiles on the road today are equipped with HARMAN audio and infotainment systems. HAR has a workforce of about 13,000 people across the Americas, Europe and Asia, and reported net sales of $4.3 billion for the 12 months ended March 31, 2012. The company&#8217;s shares are traded on the New York <a href=\"https:\/\/thestockmarketwatch.com\/markets\/nyse\/today.aspx\">NYSE<\/a>:HAR.<\/p>\n<p>Harman International Industries, Incorporated (Harman International) is engaged in the developing, manufacturing and marketing of audio products and electronic systems. The Company has four segments: automotive, consumer, professional and other. On September 13, 2010, the Company acquired Aha Mobile, Inc., a provider of on-demand mobile and location-based Internet content services. On February 10, 2011, the Company acquired 3dB Research Ltd, a developer of music and signal processing technology. On July 22 2011, the Company acquired MWM Acoustics.<\/p>\n<div class=\"nr_clear\"><\/div>\n<div id=\"nrelate_popular_2\" class=\"nrelate nrelate_popular nrelate_default nr_1col nr_text\"><\/div>\n<p>\t<!--[if IE 6]>\n\t\t<script type=\"text\/javascript\">jQuery('.nrelate_default').removeClass('nrelate_default');<\/script>\n\t<![endif]--><\/p>\n<p>\t<script type=\"text\/javascript\">\n\t\/* <![CDATA[ *\/\n\t\tnRelate.domain = \"thestockmarketwatch.com%2Fstock-market-news\";\n\t\tvar entity_decoded_nr_mp_url = jQuery('<span\/>').html(\"https:\/\/web.archive.org\/web\/20120629215110\/http:\/\/api.nrelate.com\/mpw_wp\/0.51.2\/?tag=nrelate_popular&domain=thestockmarketwatch.com%2Fstock-market-news&url=http%3A%2F%2Fthestockmarketwatch.com%2Fstock-market-news%2Fharman-international-industries-har-doubles-annual-dividend%2F29930&nr_div_number=2&maxageposts=7200&increment=1\").text();\n\t\tnRelate.getNrelatePosts(entity_decoded_nr_mp_url);\n\t\/* ]]&gt; *\/\n\t<\/script>\n\n\n<div class=\"nr_clear\"><\/div>\n\n\n\n\n<!-- AddThis Button BEGIN -->\n\n\n<div class=\"addthis_toolbox addthis_default_style addthis_32x32_style\">\n<a class=\"addthis_button_preferred_1\"><\/a>\n<a class=\"addthis_button_preferred_2\"><\/a>\n<a class=\"addthis_button_preferred_3\"><\/a>\n<a class=\"addthis_button_preferred_4\"><\/a>\n<a class=\"addthis_button_compact\"><\/a>\n<a class=\"addthis_counter addthis_bubble_style\"><\/a>\n<\/div>\n\n\n<script type=\"text\/javascript\">var addthis_config = {\"data_track_addressbar\":true};<\/script>\n<script type=\"text\/javascript\" src=\"http:\/\/s7.addthis.com\/js\/250\/addthis_widget.js#pubid=pennystocksfinder\"><\/script>\n<!-- AddThis Button END -->\n\n\n\n\n<p>More Posts by this author<\/p>\n\n\n\n<ul>\n\n\n\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/american-greetings-q1-earnings-fall-am\/30029\">\nAmerican Greetings Q1 Earnings Fall (AM)<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/stocks-end-q2-on-a-strong-note-as-eu-deal-lifts-sentiments\/30027\">\nStocks End Q2 on a Strong Note as EU Deal Lifts Sentiments<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/gold-prices-rally-on-eu-deal-silver-prices-also-surge\/30026\">\nGold Prices Rally on EU Deal; Silver Prices also Surge<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/stocks-continue-to-surge\/30024\">\nStocks Continue to Surge<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/u-s-stocks-continue-to-rally-on-eu-confidence-boosting-measures\/30020\">\nU.S. Stocks Continue to Rally on EU Confidence Boosting Measures<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/constellation-brands-stz-to-acquire-remaining-50-percent-interest-in-crown-imports-joint-venture\/30008\">\nConstellation Brands \u2013 STZ &#8211; To Acquire Remaining 50 Percent Interest in Crown Imports Joint Venture<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hollyfrontier-corporation-hfc-350-million-share-repurchase-program\/30007\">\nHollyFrontier Corporation &#8211; HFC &#8211; $350 Million Share Repurchase Program<\/a><\/li>\n\n\n\n<\/ul>\n\n\n\n\n\n\n<hr>\n\n\n\n\n\n<table style=\"border:none;margin:0;\">\n\n\n<tr>\n\n\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/wp-content\/uploads\/2024\/08\/5.jpg\" alt=\"edliston\" width=\"125\" height=\"125\" class=\"photo\"><\/td>\n\n\n\n\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n\n\n<div style=\"font-size:11pt;\"><b>Post Written By: Ed Liston <\/b><\/div>\n\n\n\n\n<div style=\"font-size:10pt;\">\n\nEd Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.\n<\/div>\n\n\n<\/td>\n\n<\/tr>\n\n<\/table>\n\n\n\n\n\n\n<script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"pub-1408583772585547\";\n\/* 336x280, created 7\/9\/11 *\/\ngoogle_ad_slot = \"3552319058\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\/\/-->\n<\/script>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script>\n\n\t\t\t\t\t\t\n\n\t\n\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Harman International Industries, Incorporated (NYSE:HAR), the leading global audio and infotainment group, announced that its board of directors has adopted [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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