Raven Industries, Inc. (NASDAQ: RAVN), announced today that its board of directors has approved a regular quarterly cash dividend of 13 cents per share. The dividend is payable October 25, 2019, to shareholders of record on October 11, 2019.
Raven Industries, Inc. (NASDAQ: RAVN) today reported financial results for the second quarter that ended July 31, 2019.
Raven is once again expanding its class-leading product line to help ag retailers and growers boost their efficiency and profits. The new VSN™ visual guidance system uses state-of-the-art image sensor and processing technologies to deliver quick response and better control. VSN maintains row guidance at industry-required spraying speeds — from the time when crops are just a few inches post-emerge up to a nearly full canopy — without the use of mechanical feelers.
We are dedicated to quality and continuous improvement in our service and processes at Raven. Raven Aerostar's Mary Palmer, Business Analyst I, and Paula Boschee, Contracts Manager, not only provide high-quality service; they have gone above-and-beyond to develop proposal and quotation development tools and processes that consistently generate top-notch proposals. Congratulations, Mary and Paula, for being named August's Team Member Spotlight winners!
Raven has expanded its logistics and control offering to help ag retailers find more efficiency, and profitability, in their custom application operations. Featuring the integrated suite of AgSync™, Slingshot® and the Viper® 4+ software and hardware; Raven’s Connected Workflow™ allows users to seamlessly and wirelessly connect their office to the field and back again.
Outstanding service is essential to our success at Raven. Kevin Gardner, Shipping Coordinator for Raven Engineered Films, showed this commitment in a big way and was named our July Team Member Spotlight winner.