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Paul Mueller Co. declares cash dividend

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Paul Mueller Co. on July 31 declared a cash dividend of 60 cents per share.

The dividend is payable Sept. 12 to shareholders of record on Aug. 18.

The Springfield-based stainless steel equipment manufacturer on July 21 reported second-quarter net income of $920,000, down 49 percent from the same quarter in 2007. Shares (Pink Sheets: MUEL) last traded this morning at $50.99, compared to a 52-week range of $43 to $72.

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