Lufkin Industries Announces Second Quarter Dividend of $0.125 Per Share

LUFKIN, Texas, May 6 /PRNewswire-FirstCall/ -- Lufkin Industries, Inc. (Nasdaq: LUFK) announced today that the Board of Directors has declared a second quarter cash dividend of $0.125 per share on its common stock.  This per-share dividend amount reflects Lufkin's two-for-one stock split that was announced on May 5, 2010 and will be effective as of May 19, 2010.  The dividend will be paid on June 10, 2010, to shareholders of record on June 2, 2010.

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.

SOURCE Lufkin Industries, Inc.