August 4, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — 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 June 30, 2010. The quarterly dividend will be payable August 31 to all common shareholders of record on August 16.

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

Minnesota-based Techne has two operating subsidiaries: Research and Diagnostic Systems, Inc. of Minneapolis, Minnesota and R&D Systems Europe, Ltd. of Abingdon, England.

R&D Systems is a specialty manufacturer of biological products. The firm has two subsidiaries, BiosPacific, Inc., located in Emeryville, California and R&D Systems China Co. Ltd.,, located in Shanghai, China.

BiosPacific is a worldwide 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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