American Vanguard Declares Quarterly Dividend
By Business Wire News
By Business Wire News
NEWPORT BEACH, Calif.
American Vanguard Corp. (NYSE:AVD) announced that its Board of Directors has declared a $0.02 cash dividend payment to be distributed on April 17, 2015 to shareholders of record as of April 3, 2015.
Eric Wintemute, Chairman and CEO of American Vanguard, stated, “This dividend continues our history of providing such returns to our shareholders while reflecting the difficult conditions that currently exist in our industry sector. We are addressing those challenges vigorously through cost reductions and efficiency improvements in both our manufacturing operations and our administrative management. Our programs to develop new product and equipment technologies are expected to enhance the sustainable, long-term prospects of the company. Management and the Board wish to thank our shareholders for their continued support as we work to strengthen future performance and maximize American Vanguard’s enterprise value.”
About American Vanguard
American Vanguard Corporation is a diversified specialty and agricultural products company that develops and markets products for crop protection and management, turf and ornamentals management and public and animal health. American Vanguard is included on the Russell 2000® & Russell 3000® Indexes and the Standard & Poors Small Cap 600 Index. To learn more about American Vanguard, please reference the Company’s web site at www.american-vanguard.com.
In its public commentary, the Company may discuss forward-looking information. Except for the historical information contained in this release, all forward-looking statements are estimates by the Company’s management subject to various risks and uncertainties that may cause results to differ from management’s current expectations. Such factors include weather conditions, changes in regulatory policy and other risks as detailed in the Company’s SEC reports and filings. All forward-looking statements, if any, in this release represent the Company’s judgment as of the date of this release.
American Vanguard Corporation
William A. Kuser, 949-260-1200
Director of Investor Relations
The Equity Group Inc.
Lena Cati, 212-836-9611