Robbins & Myers, Inc. (RBN) posted fourth-quarter net income attributable to the company of $32.4 million or $0.76 per share compared to $35.42 million or $0.77 per share a year ago.
Quarterly sales rose to $275.2 million from $259 million in the same quarter a year earlier.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.97 per share on revenues of $275.98 million for the quarter. Analysts' estimates typically exclude special items.
Further, the company announced that its Board of Directors approved its regular quarterly cash dividend payment of $0.05 per share. The dividend is payable on November 20, 2012 to shareholders of record as of October 29, 2012.
Also, during the fourth quarter and prior to June 19, 2012, Robbins & Myers repurchased 0.5 million of its shares for a total of $24 million.
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