Spartan Motors to pay special dividend of 3 cents/shr

Newswire

Oct 25 (Reuters) - Spartan Motors Inc , an automotive chassis maker, said it will pay a special dividend of 3 cents a share. The dividend is payable on Dec. 14 to shareholders of record Nov. 14, along with a regular quarterly dividend of 5 cents a share. Both the dividends include adjustments for the Company's 3-for-2 stock splits in June 2007 and December 2006, the company said. (Reporting by Bijoy Koyitty in Bangalore)

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