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Apogee Enterprises raises quarterly dividend

The Board of Directors of Apogee Enterprises, Inc. announced a regular quarterly cash dividend of USD 0.06 per share, payable 12 November 2003 to shareholders of record as of 29 October 2003. The divi…

The Board of Directors of Apogee Enterprises, Inc. announced a regular quarterly cash dividend of USD 0.06 per share, payable 12 November 2003 to shareholders of record as of 29 October 2003. The dividend of USD 0.06 per share represents a rise of 4% from the previous quarterly dividend of USD 0.0575 per share. Apogee pointed out that this marks the 27th year of dividend growth since the company began paying dividends in 1974. Apogee has approximately 27.5 million shares outstanding. “We are pleased to again increase our dividend as part of our commitment to enhance shareholder value,” said Russell Huffer, chairman, president and chief executive officer. “We continue to focus on growth strategies, cost control and operational improvements, as we weather the challenging economy.” Apogee Enterprises, Inc., based in Minneapolis, Minnesota, is a leader in technologies involving the design and development of value-added glass products, services and systems. The company is active in three segments: large scale glass wall and window projects from design through to installation, large optical glass technologies and replacement autoglass.

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