MTS Announces Declaration of Quarterly Cash Dividend

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May 20, 2014, 04:01 ET

EDEN PRAIRIE, Minn., May 20, 2014 /PRNewswire/ -- MTS Systems Corporation (NASDAQ: MTSC), a leading global supplier of high performance test systems and position sensors, today announced that its Board of Directors has declared a quarterly dividend of $0.30 per share. The dividend is payable on June 30, 2014 to shareholders of record as of the close of business on June 16, 2014. This is MTS Systems Corporation's 130th consecutive quarterly dividend.

About MTS Systems Corporation

MTS Systems Corporation's testing hardware and software solutions help customers accelerate and improve their design, development, and manufacturing processes and are used for determining the mechanical behavior of materials, products, and structures. MTS' high-performance position sensors provide controls for a variety of industrial and vehicular applications. MTS had 2,299 employees at September 28, 2013 and revenue of $569 million for the fiscal year ended September 28, 2013. Additional information on MTS can be found at www.mts.com.

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SOURCE MTS Systems Corporation