WABASH, Ind., Feb. 22 /PRNewswire-FirstCall/ -- Escalade, Inc.
(Nasdaq: ESCA), announced that its Board of Directors authorized the payment
of a fifteen cent ($0.15) per share dividend payable March 18, 2005, to all
shareholders of record on March 11, 2005.
C.W. (Bill) Reed, President and CEO, stated that, "This represents a 25%
increase over the dividend paid last year and reflects the continued strong
cash flow of the business. We are confident that the cash flow in 2005 will
be equally as strong and adequate to support both a dividend and our operating
Escalade is a quality manufacturer and marketer of sporting goods and
office/graphic arts products sold worldwide. To obtain more information on
the Company and its products, visit our website at: http://www.EscaladeInc.com
or contact Terry Frandsen Vice President and CFO at 260/569-7208 or C.W.
(Bill) Reed, President and CEO at 260/569-7233.
SOURCE Escalade, Inc.