June 28, 2012 | last updated June 28, 2012 1:47 pm

CT audio maker Harman's dividend doubles

Highly profitable home-auto audio system maker Harman International Industries Inc. doubled its dividend and seated a Tyco International Ltd. finance officer to its board.

The maker of Harman-Kardon and JBL and stereo receivers and loudspeakers will pay 15 cents a share – up from 7 cents -- to common stockholders, effective with its fiscal first-quarter payment due in September.

Meantime, Harman appointed Tyco Chief Financial Officer Frank Sklarsky to its board. Sklarsky fills a vacancy until December, when he will stand for re-election.

Comments

Type your comment here:

Today's Poll Does CT's closure of the gasoline cleanup fund erode your trust in government?<>
ADVERTISEMENTS
Most Popular on Facebook
Copyright 2014 New England Business Media