Another interesting play and they also pay a dividend!
Hey Jimmy, something you may want to consider. It looks like a fairly safe investment with an excellent chance of doubling your money in 2-3 years. FWIW
Actuant Corp. said Thursday that its board has approved a two-for-one split of its common stock.
The Butler-based manufacturer of motion control systems and branded tools said the stock split, its second in four years, will be payable Nov. 8 to shareholders of record Oct. 29.
Actuant (NYSE: ATU - News) was spun off of APW Ltd. in August 2000, and since that time its stock price has grown from $7.65 to $68 per share, a more than 35 percent compounded annual growth rate.
Published October 19, 2007 by The Business Journal
