May 5, 2010 (FinancialWire) — Techne Corp. (NASDAQ: TECH) said that its board of directors has decided to pay a dividend of $0.26 per share for the quarter ended March 31, 2010.  The quarterly dividend will be payable May 28, 2010 to all common shareholders of record on May 14, 2010.

The company said that future cash dividends will be considered by its board on a quarterly basis.

Minnesota-based Techne has two operating subsidiaries:  Research and Diagnostic Systems of Minneapolis, Minnesota and R&D Systems Europe of Abingdon, England. R&D Systems is a specialty manufacturer of biological products. The company has two subsidiaries, BiosPacific, Inc., located in Emeryville, California and R&D Systems China, located in Shanghai, China.

BiosPacific is a supplier of biologics to manufacturers of in vitro diagnostic systems and immunodiagnostic kits. R&D China and R&D Europe distribute biotechnology products.

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