<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest
Event Reported): December 19, 1997
SUN HYDRAULICS CORPORATION
------------------------------------------------------
(Exact name of registrant as specified in its charter)
<TABLE>
<S> <C> <C>
Florida 0-21835 59-2754337
- ---------------------------- ------------ -------------------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
</TABLE>
1500 West University Parkway
Sarasota, Florida 34232
--------------------------------------- ----------
(Address of principal executive offices (Zip Code)
Registrant's telephone number, including area code: 941-362-1200
<PAGE> 2
ITEM 5. OTHER EVENTS.
PRESS RELEASE
On December 22, 1997, the Registrant issued the press release attached
hereto as Exhibit 99.1 announcing a $0.035 per share dividend on its common
stock payable on January 15, 1998, to shareholders of record on December 31,
1997.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial Statements of Businesses Acquired.
None.
(b) Pro Forma Financial Information.
None.
(c) Exhibits.
<TABLE>
<CAPTION>
Exhibit
Number Exhibit Description
------ -------------------
<S> <C>
99.1 Press Release of the Registrant dated December 22, 1997
</TABLE>
-2-
<PAGE> 3
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this Report to be signed on its behalf
by the undersigned thereunto duly authorized.
SUN HYDRAULICS CORPORATION
By:/s/ Richard J. Dobbyn
-----------------------------------
Richard J. Dobbyn
Chief Financial Officer (Principal
Financial and Accounting Officer)
Dated: December 22, 1997
<PAGE> 4
EXHIBIT INDEX
<TABLE>
<CAPTION>
Exhibit
Number Exhibit Description
------ -------------------
<S> <C>
99.1 Press Release of the Registrant dated December 22, 1997.
</TABLE>
-4-
<PAGE> 1
EXHIBIT 99.1
[SUN HYDRAULICS CORPORATION LETTERHEAD]
FOR RELEASE: Immediately
Contact:
Richard K. Arter Investor Relations 941-362-1200
Richard J. Dobbyn Chief Financial Officer 941-362-1200
SUN HYDRAULICS CORPORATION DECLARES FOURTH QUARTER DIVIDEND
SARASOTA, FLA, December 22, 1997 -- Sun Hydraulics Corporation (NASDAQ:SNHY) has
announced a $0.035 per share dividend on its common stock. The dividend is
payable on January 15, 1998, to shareholders of record as of December 31, 1997.
Sun Hydraulics Corporation, with manufacturing and distribution facilities in
Sarasota, Florida, Coventry, England and Erkelenz, Germany, is a leading
designer and manufacturer of high-performance screw-in hydraulic cartridge
valves and manifolds for global mobile and industrial markets.
-5-