KMG Chemicals, Inc. (NYSE:KMG), a global provider of specialty chemicals
in select markets, today announced that its Board of Directors has
declared a quarterly cash dividend of $0.03 per common share. The
dividend is payable on September 23, 2013 to shareholders of record on
September 9, 2013. As of July 31, 2013, there were approximately 11.5
million KMG common shares outstanding.
About KMG
KMG Chemicals, Inc., through its subsidiaries, produces and distributes
specialty chemicals to select markets. The Company grows by acquiring
and optimizing stable chemical product lines and businesses with
established production processes. Its current operations are focused on
the electronic and industrial wood treatment chemical markets. For more
information, visit the Company's website at http://kmgchemicals.com.
The information in this news release includes certain forward-looking
statements that are based upon assumptions that in the future may prove
not to have been accurate and are subject to significant risks and
uncertainties, including statements as to the future performance of the
company. Although the company believes that the expectations reflected
in its forward-looking statements are reasonable, it can give no
assurance that such expectations or any of its forward-looking
statements will prove to be correct. Factors that could cause results to
differ include, but are not limited to, successful performance of
internal plans, product development acceptance, the impact of
competitive services and pricing and general economic risks and
uncertainties.
Copyright Business Wire 2013