OREANDA-NEWS.  The Board of Directors of Barnes Group Inc. (NYSE: B) today increased the Company’s quarterly cash dividend 8 percent to thirteen cents($0.13) per share of common stock. The dividend will be payable June 10, 2016 to shareholders of record at the close of business on May 26, 2016. The dividend increase will raise the annualized dividend payout to $0.52 per share of common stock.

“This increase in our dividend reflects our Board’s confidence in the long-term prospects for the Company,” said Patrick J. Dempsey, President and Chief Executive Officer, Barnes Group Inc. “With sustained good cash flow, a strong balance sheet, and continued execution of our profitable growth strategy, we anticipate delivering further improvements in our financial results.”

Barnes Group Inc. and its predecessor companies have paid a cash dividend to stockholders on a continuous basis since 1934.

About Barnes Group

Founded in 1857, Barnes Group Inc. (NYSE: B) is an international industrial and aerospace manufacturer and service provider, serving a wide range of end markets and customers. The highly engineered products, differentiated industrial technologies, and innovative solutions delivered by Barnes Group are used in far-reaching applications that provide transportation, manufacturing, healthcare products, and technology to the world. Barnes Group’s skilled and dedicated employees around the globe are committed to achieving consistent and sustainable profitable growth.