News Column

HARMAN Increases Annual Dividend

June 26, 2014



STAMFORD, Conn.--(BUSINESS WIRE)-- HARMAN International Industries, Incorporated (NYSE:HAR), the leading global audio and infotainment group, today announced that its board of directors has adopted an annual cash dividend policy pursuant to which the Company will increase its annual cash dividend to $1.32 per share, to be paid quarterly at the rate of $0.33 per share. The higher rate represents a 10 percent increase over the prior quarterly rate of $0.30 per share. The increased dividend will go into effect for the new fiscal year, which starts July 1, 2014, and the first quarterly payment will be in September 2014.

"Through our recent strategic acquisitions and ongoing investment in innovation, we continue to demonstrate HARMAN’s commitment to building long term value," said Dinesh C. Paliwal, the Company's Chairman, President and Chief Executive Officer. “We are pleased to be able to return additional capital to our shareholders as we continue to achieve strong performance and execute our strategy for growth.”

About HARMAN

HARMAN (NYSE:HAR) designs, manufactures and markets premier audio, visual, infotainment and integrated control solutions for the automotive, consumer and professional markets. With 15 leading brands, including AKG®, Harman Kardon®, Infinity®, JBL®, Lexicon® and Mark Levinson ®, the Company is admired by audiophiles, musicians and the entertainment venues where they perform. More than 25 million automobiles on the road today are equipped with HARMAN audio and infotainment systems. HARMAN has a global workforce of approximately 15,200 people and reported sales of $5.1 billion for the 12 months ended March 31, 2014.

HAR-C

© 2014 HARMAN International Industries, Incorporated. All rights reserved. Harman Kardon, Infinity, JBL, Lexicon and Mark Levinson are trademarks of HARMAN International Industries, Incorporated, registered in the United States and/or other countries. AKG is a trademark of AKG Acoustics GmbH, registered in the United States and/or other countries. Features, specifications and appearance are subject to change without notice.




HARMAN

Darrin Shewchuk, 203-328-3500

Director, Corporate Communications

darrin.shewchuk@harman.com

or

Sandy Rowland, 203-328-3500

Vice President, Investor Relations

sandy.rowland@harman.com

Source: HARMAN International Industries


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