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</html><description>SARATOGA SPRINGS, N.Y., March 09, 2021 (GLOBE NEWSWIRE) &#x2014; The Board of Directors of Espey Mfg. &amp; Electronics Corp. (NYSE AMERICAN: ESP) has suspended its quarterly dividend. The Board of Directors of Espey Mfg. &amp; Electronics Corp. has determined to suspend payment of a cash dividend which, in accordance with practice, would have been declared and paid prior to the end of this month. In making the determination, the Board balanced the objective of maintaining Espey&#x2019;s strong position to address the business challenges caused by the global pandemic which continue to confront the industries the Company services, against the historical payment of consistent dividends to shareholders. Patrick Enright, Espey&#x2019;s President and CEO, explained the Board&#x2019;s decision. &#x201C;The continued decline of &hellip; Continue reading ""</description><thumbnail_url>https://www.globenewswire.com/newsroom/ti?nf=ODE4NzEzMCM0MDU1OTgzIzIwOTA4MjE=</thumbnail_url></oembed>
