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): March 4, 2003

SUN HYDRAULICS CORPORATION

(Exact name of registrant as specified in its charter)
         
Florida   0-21835   59-2754337

 
 
(State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)
     
1500 West University Parkway    
Sarasota, Florida   34243

 
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: 941-362-1200

 


 

     
Item 5.   Other Events

     On March 4, 2003, the Registrant issued the press release attached hereto as Exhibit 99.1 announcing an increase in net income for 2002 and a $0.04 per share dividend on its common stock payable on April 15, 2003, to shareholders of record on March 31, 2003.

     
Item 7.   Financial Statements and Exhibits
     
(a)   Financial Statements of Businesses Acquired.
     
    None.
     
(b)   Pro Forma Financial Information.
     
    None.
     
(c)   Exhibits.
     
Exhibit    
Number   Exhibit Description

 
99.1   Press Release of the Registrant dated March 4, 2003.

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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: March 5, 2003

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