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Lufkin Industries Announces Fourth Quarter Dividend of $0.25 per Share

Lufkin Industries, Inc. (Nasdaq: LUFK) announced today that the Board of Directors has declared a fourth quarter cash dividend of $0.25 per share on its common stock. The dividend will be paid on December 10, 2009, to shareholders of record on December 1, 2009.

Lufkin Industries, Inc. sells and services oil field pumping units, foundry castings and power transmission products throughout the world. The Company has vertically integrated all vital technologies required to design, manufacture and market its products.

    Contact:  Christopher L. Boone
              Chief Financial Officer
              936-631-2749

              DRG&E:
              Jack Lascar / 713-529-6600
              Anne Pearson / 210-408-6321


SOURCE Lufkin Industries, Inc.

http://www.lufkin.com

Copyright (C) 2009 PR Newswire. All rights reserved

News Provided by COMTEX


Related terms: dividend, manufacturer, market, nasdaq, oil, products, technology

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