Dividends and splits
Donaldson Co. Inc., Bloomington, declared a quarterly cash dividend of 17 cents per share payable March 2 to shareholders of record on Feb. 16.
Polaris Industries Inc., Medina, approved a regular quarterly cash dividend of 55 cents per share, an increase from 53 cents, payable March 15 to shareholders of record on March 1.
Juhl Energy Inc., Pipestone, announced a 1-for-10,000 reverse split of all outstanding shares of its common and preferred stock effective Feb. 1.
Andersen Corp., Bayport, announced it is paying out $14 million from its 2015 employee profit-sharing plan. Eligible employees will receive $1,600, a 48 percent increase over last year's award. The profit-sharing plan dates back more than 100 years but was suspended for several years after the recession before being reinstated in 2014.
North Star Resource Group, Minneapolis, announced that Edward Deutschlander officially became CEO of the financial services firm for individuals and businesses this week. Deutschlander has been CEO-elect for the past three years and is succeeding founder Phillip Richards who becomes executive chairman.