Briggs announces quarterly dividend

Freeman Staff

August 13, 2014

MILWAUKEE — Briggs & Stratton Corporation increased its quarterly dividend by 4 percent on Wednesday.
The company’s Board of Directors declared a quarterly cash dividend of $0.125 per common share, up from the prior quarterly dividend of $.12 per share.

The dividend is payable October 1, 2014 to shareholders of record at the close of business September 17, 2014.

The board also authorized an additional $50 million in funds for use in the Company's stock repurchase program with an expiration of June 30, 2016.

Todd Teske, Briggs & Stratton Corporation Chairman, President and Chief Executive Officer Todd Teske, said the moves reflected continued confidence in the company’s strategy and long-term prospects.