FARMINGDALE, N.Y.--(BUSINESS WIRE)--Cemtrex, Inc. (NasdaqCM: CETX, CETXP, CETXW), a global diversified industrial and manufacturing company, today announced that at the company’s 2017 Annual General Meeting, held on Monday, March 6, 2017 at the Holiday Inn in Plainview, New York, the company's shareholders approved an annual dividend of $0.02 per share on the Company's common stock. The new dividend will be payable on April 19, 2017 to holders of record of the common stock at the close of business on March 31, 2017.
Also, at the Company’s annual meeting, shareholders re-elected five directors and approved other company proposals. In addition, shareholders ratified the appointment of Bharat Parikh & Associates as the company’s independent registered public accounting firm for the 2017 fiscal year, and approved a non-binding proposal relating to executive compensation.
Cemtrex, Inc. is a global, diversified industrial and manufacturing company that provides a wide array of solutions to meet today’s technology challenges and is rapidly growing through acquisitions. Cemtrex provides manufacturing services of advanced custom engineered electronics, industrial contracting services, monitoring instruments for industrial processes and environmental compliance, and equipment for controlling particulates, hazardous pollutants and Greenhouse gases used in carbon trading globally. For more information, please visit www.cemtrex.com.
Cautionary Note Regarding Forward-Looking Statements
Except for historical information, the matters set forth herein that are forward-looking statements involve certain risks and uncertainties that could cause actual results to differ. Potential risks and uncertainties include, but are not limited to, and the other risk factors set forth from time to time in our filings with the SEC, including our Annual Report on Form 10-K for the fiscal year ended September 30, 2016, and the Company's periodic filings with the SEC, copies of which are available free of charge at the SEC's website at www.sec.gov or upon request from Cemtrex. All forward-looking statements herein reflect our opinions only as of the date of this release. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Cemtrex undertakes no obligation, and expressly disclaims any obligation, to update forward-looking statements herein in light of new information or future events, except as required by federal securities laws.