ROYAL OAK, Mich., Oct. 23, 2014 /PRNewswire/ -- The Board of Directors of Bonal International, Inc. (OTC: BONL) has authorized a special, non-reoccurring, dividend of $0.05 per share. This special dividend is payable on November 19, 2014 to shareholders of record as of the close of business on November 5, 2014.
Bonal International, Inc., through its wholly owned subsidiary, Bonal Technologies, Inc. is the patent holder and world's leading provider of sub-harmonic vibratory stress relief and weld conditioning technology. Bonal provides three lines of equipment Meta-Lax® Stress Relief and Weld Conditioning, Pulse Puddle Arc Welding®, and Black Magic® Distortion Control, which are sold in the United States and more than 60 countries worldwide. Headquartered in Royal Oak, Mich., Bonal serves the aerospace, automotive, defense, die casting, machine tool building, mining, mold making, power generation, racing, shipbuilding, and welding industries. Bonal's Meta-Lax® technology is used for eliminating thermal stress in metal parts, thereby preventing warping and cracking, at a fraction of the time, energy, and monetary costs of competing technologies. More information can be found at www.Bonal.com or by calling 1-800-Meta-Lax.
SOURCE Bonal International, Inc.