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|Barnes Group Inc. Declares Quarterly Dividend|
BRISTOL, Conn.--(BUSINESS WIRE)--July 14, 2004--The Board of Directors of Barnes Group Inc. (NYSE: B) today declared a quarterly cash dividend of 20 cents ($0.20) per share. The dividend will be payable September 10, 2004, to shareholders of record at the close of business on August 31, 2004.
Barnes Group Inc. and its predecessor companies have paid cash dividends to shareholders on a continuous basis since 1934.
Barnes Group Inc. (www.barnesgroupinc.com) is a diversified international manufacturer of precision metal components and assemblies and a distributor of industrial supplies, serving a wide range of markets and customers. Founded in 1857 and headquartered in Bristol, Connecticut, Barnes Group consists of three businesses with 2003 sales of $891 million: Associated Spring, one of the world's largest manufacturers of precision mechanical and nitrogen gas springs and a global supplier of retaining rings and injection-molded plastic components; Barnes Aerospace, a manufacturer and repairer of highly engineered assemblies and components for commercial and military aircraft engines, airframes, and land-based industrial gas turbines; and Barnes Distribution, an international, full service distributor of maintenance, repair and operating supplies. Over 5,800 dedicated employees at more than 50 locations worldwide contribute to Barnes Group Inc.'s success.
CONTACT: Barnes Group Inc. Investors: Phillip J. Penn, 860-973-2126 or Media: Stephen J. McKelvey, 860-973-2132 SOURCE: Barnes Group Inc.