HYDRAULIC &lt;THC> SPLITS 3-FOR-2, HIKES DIVIDEND

  The Hydraulic Co said its
  board approved a three-for-two stock split of its common stock
  and increased its quarterly cash dividend.
      It said the stock split will occur through a 50 pct stock
  distribution on Hydraulic's common stock, payable April 30 to
  stockholders of record on April 3.
      The quarterly cash dividend, payable April 15 to
  stockholders of record on April 3, is to be paid on Hydraulic's
  pre-split shares that are currently outstanding, the company
  said.
      The dividend will be 54.75 cts per share, up from 52 cts
  per share.It will represent a quarterly common stock cash
  dividend of 36.50 cts per share on the share that will be
  outstanding after the stock split, the company said.
  

