Sun Hydraulics Increases Dividend From $0.05 to $0.075 Per Share


SARASOTA, Fla., Dec 14, 2004 /PRNewswire-FirstCall via COMTEX/ -- The Board of Directors of Sun Hydraulics Corporation (Nasdaq: SNHY) has voted to increase the Company's regular quarterly dividend from $0.05 to $0.075 per common share. The dividend is payable on January 15, 2005, to shareholders of record as of December 31, 2004.

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Sun Hydraulics will release 2004 fourth quarter and year-end earnings on Tuesday, March 1, 2005, at approximately 11:00 a.m. E.T. The Company will host an investor open house the following day, Wednesday, March 2nd, from which it will webcast its conference call. The open house will begin at 3:30 p.m., with the conference call starting promptly at 4:00 p.m. E.T. After the conference call is completed, guests are invited to tour Sun's facilities and share in refreshments.

Sun Hydraulics Corporation is a leading designer and manufacturer of high performance screw-in hydraulic cartridge valves and manifolds for worldwide industrial and mobile markets. For more information about Sun, please visit our website at http://www.sunhydraulics.com .

SOURCE Sun Hydraulics Corporation

Investor Relations, Richard K. Arter, or Richard J. Dobbyn,
Chief Financial Officer, both of Sun Hydraulics Corporation, +1-941-362-1200
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