El Segundo-based Wyle Laboratories declared a 5-for-4...

El Segundo-based Wyle Laboratories declared a 5-for-4 stock split and a 9% increase in the quarterly cash dividend to 7 cents per share on the increased number of shares to be outstanding as a result of the stock split. The company was previously paying quarterly dividends of 8 cents per share on the pre-split shares. Both the stock distribution and the quarterly cash dividend will be paid Oct. 30 to shareholders of record as of Oct. 15.