MUSCATINE, Iowa (May 12, 2004) — Bandag Inc. announced a quarterly dividend of 32.5 cents per share on common stock, Class A common stock and Class B common stock.
The dividend is payable July 19 and applies to shareholders of record at the close of business June 18, according to Bandag, which manufactures retreading materials and equipment and also operates Tire Distribution systems Inc., a commercial tire sales and service subsidiary.