Bonal International announces dividend of USD0.05 per share
M2 - Fri Aug 22, 3:02AM CDT
Bonal International Inc (OTC:BONL), a holding company of a patent holder and provider of sub-harmonic vibratory stress relief and weld conditioning technology, on Thursday declared a dividend of USD0.05 per share, the fifteenth in the last ten fiscal years.
Bonal International, Inc. Declares Dividend
PR Newswire - Thu Aug 21, 9:20AM CDT
Bonal International, Inc. (OTC: BONL) has announced a dividend of $0.05 per share. This is the fifteenth dividend in the last ten fiscal years. The dividend is payable on September 19, 2014 to shareholders of record as of the close of business on September 5, 2014.
Bonal International Reports First Quarter Results
PR Newswire - Tue Aug 12, 10:11AM CDT
Bonal International, Inc. (OTC: BONL) announced significant increases in revenue and net income with today's release of its first quarter results. Revenue rose to $618,144 in the first quarter, a 19 percent increase from $519,077 in the first quarter last year. Net income doubled to $110,054 compared to $54,544 from last year's first quarter net income. Earnings per share increased to $0.06 compared to $0.03 last year.
Bonal International Posts Modest Profit in Marking Its Tenth Consecutive Profitable Year
PR Newswire - Thu Jul 10, 2:40PM CDT
Bonal International, Inc. (OTC: BONL) announced fiscal year 2014 was its tenth consecutive profitable year. The company posted a modest net income of $132,927, down from last year's $220,182. Revenues were $2,051,905, down 17 percent from last year's $2,471,315. Earnings per share were $0.08 compared to $0.13 last year. During the year, the board of directors issued a dividend for the ninth consecutive fiscal year. Stockholder's equity decreased three percent to $1,348,306 or $0.77 per share.
Former Chairman of Bonal International, Inc. Passed Away On July 6, 2014
PR Newswire - Tue Jul 08, 10:30AM CDT
Bonal International, Inc. (OTC: BONL) has announced that A. George Hebel, III, former Chairman and current board member of Bonal International, Inc., died of complications due to cancer on July 6, 2014. Hebel retired from full time duties as President and CEO on March 31, 2010 and remained Chairman of the Board of Directors until February, 2014. Previously he served Bonal in various capacities throughout a 50 year period.
Bonal International Appoints New Leadership
PR Newswire - Thu Mar 06, 9:00AM CST
Bonal International, Inc. (OTC: BONL) announced that the Board of Directors appointed Thomas E. Hebel as Chairman, President, and CEO of both Bonal International Inc. and its subsidiary Bonal Technologies, Inc. Hebel was interim President for Bonal from April 2010 through December 2012. During that time Bonal posted profits in all eleven quarters, averaged 17.3 percent net after-tax profit, and paid record dividends in each of the three fiscal years. Hebel is a long time member of the Board of Directors and will celebrate his 40th anniversary with the Company in June 2014.
Bonal International, Inc. Posts Third Quarter Results for Fiscal Year 2014
PR Newswire - Wed Feb 26, 9:51AM CST
Bonal International, Inc. (OTC: BONL) announced third quarter revenue of $436,626, compared to last year's record third quarter of $620,577. Net income (loss) was ($22,435), down from last year's $74,833. Earnings (loss) per share were ($0.01) compared to $0.04 per share for last year's third quarter. Nine month figures, although off from a year ago, still remain positive. Revenue was $1,537,028 down from last year's nine month revenue of $1,790,230. Net income was $146,257 down from last year's nine month net income of $311,985. Earnings per share came in at $0.08 per share for the nine month period ending December 31, 2013, down from last year's $0.18 per share.
Bonal International Reports Improved Revenue of Year End and Fourth Quarter Fiscal for 2013
PR Newswire - Tue Jul 02, 12:31PM CDT
Bonal International, Inc. (OTC: BONL) announced 2013 fiscal year end revenue of $2,471,315, eclipsing last year's mark of $2,292,408, which at the time was the third best year. This was the ninth consecutive profitable year for Bonal. Net income was $220,182, with earnings per share of $0.13, compared to $329,352 and $0.19 last year. Additionally, 2013 was a good year for shareholders as Bonal paid record dividends, its eighth consecutive year paying dividends. As a result of the record dividends paid Stockholders Equity decreased 18% to $1,390,171 or $0.80/share.
Bonal International, Inc. Proposed Plan of Merger Not Approved
PR Newswire - Tue Mar 19, 3:29PM CDT
Bonal International, Inc., (OTC: BONL) held a special meeting of the stockholders on March 18, 2013, to vote on the proposed Agreement and Plan of Merger by and among the Company, DePierre Management & Manufacturing LLC and DMM Acquisition Corporation. At the special meeting, the required affirmative vote of the number of shares of Company common stock necessary to approve the proposal was not attained. Accordingly, the Agreement and the Plan of Merger has terminated, and the buyer and the Company have terminated negotiations, said A. George Hebel, III, Chairman.
Bonal International, Inc. Posts Third Quarter Record in Revenue
PR Newswire - Fri Feb 15, 8:22AM CST
Bonal International, Inc. (OTC: BONL) announced a record third quarter revenue of $620,577, up 53 percent over last year's third quarter of $405,533. The revenue is the highest achieved for any third quarter for the company. Net income was $74,833, up from last year's $8,043. This is the eleventh consecutive profitable quarter for the company. Earnings per share increased to $0.04 per share from $0.005 per share last year's third quarter. Nine month figures were very strong. Revenue was up 9 percent to $1,790,230 from last year's nine month revenue of $1,648,570. Net income increased 14 percent to $311,985 from last year's nine month net income of $273,197. Likewise, earnings per share increased to $0.18 per share up from $0.16 last year's nine month earnings per share. During the quarter the board of directors issued its second and third $0.10 per share dividends of the fiscal year.
Bonal International, Inc. Accepts Proposed Merger
PR Newswire - Fri Feb 08, 2:57PM CST
Bonal International, Inc. (OTC: BONL) announced Friday that its board of directors, on February 1, 2013, unanimously approved an agreement and plan of merger with DePierre Management & Manufacturing, LLC and its newly formed, wholly-owned subsidiary, DMM Acquisition Corporation. Pursuant to the agreement and plan of merger, DiPierre Management & Manufacturing will acquire 100% ownership of Bonal International, Inc. In exchange, the current company stockholders will receive $0.86 per share for each share of company common stock owned by them. In addition, the company's board of directors currently contemplates a dividend will be issued to stockholders simultaneous with the consummation of the merger. The dividend amount has not yet been determined; because all company expenses of the merger will have to be paid first, but the board of directors currently contemplates the dividend will be approximately between $0.20-0.30 per share. The agreement and plan of merger was executed on Monday, February 4, 2013.