Espey Mfg. board boosts dividend 14% to 20c per share

The Board of Directors of Espey Mfg. & Electronics has declared a regular quarterly dividend of $0.20 per share, a 14% increase over the prior dividend. The dividend will be payable on June 24 to all shareholders of record on June 17.. The Board of Directors is pleased to announce the signing of a new employment agreement between Espey Mfg. & Electronics Corp. and David O’Neil, President and Chief Executive Officer. Furthermore, the Board of Directors appointed Ms. Jennifer Pickering to the position of Assistant Corporate Secretary.