Electro-Sensors, Inc. Announces Cash Dividend

Oct 20, 2010, 15:52 ET from Electro-Sensors, Inc.

MINNETONKA, Minn., Oct. 20 /PRNewswire-FirstCall/ -- Electro-Sensors, Inc. (Nasdaq: ELSE) announced today that the Company declared a cash dividend of $0.04 per share to shareholders of record on November 5, 2010. The dividend is payable on November 19, 2010.

Electro-Sensors, Inc. is engaged in two business lines: (i) the manufacture and distribution of electronic instruments used to monitor shaft speeds in production lines and precision motor controllers for synchronizing the motors on process machines through its Controls Division, and (ii) the development and distribution of desktop software for designing scannable forms, such as customer surveys and automated data collection using scanners for forms processing through its AutoData Systems division.

SOURCE Electro-Sensors, Inc.