Astro-Med, Inc. (NASDAQ: ALOT) announced today that the Board of Directors approved on May 16, 2006 a 5-for-4 stock split, which will be effected in the form of a stock dividend. The dividend will entitle all shareholders of record as of the close of business on June 16, 2006, to receive 0.25 shares for each share held. The additional shares are expected to be distributed to all shareholders on or about June 30, 2006. The Company will continue to maintain a cash dividend rate of 20 cents per common share annually, effectively increasing the cash dividend by 25%. After the stock split takes place, there will be 6,759,386 shares outstanding.
