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Baldor Electric declares quarterly dividend
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FORT SMITH, Ark. - Electrical equipment maker Baldor Electric Co. on Tuesday declared a quarterly cash dividend of 17 cents.
The dividend is payable on Jan. 5 to shareholders on record as of Dec. 15.
Shares of Baldor Electric fell 41 cents to $27.01 in afternoon trading.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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