American Vanguard Corp. (NYSE:AVD) announced that its Board of Directors
has declared a $0.05 cash dividend payment to be distributed on July 17,
2014 to shareholders of record as of July 3, 2014. Eric Wintemute,
Chairman and CEO of American Vanguard, stated, “We are pleased to
declare this dividend which continues our lengthy history of providing
such returns to our shareholders. While short-term challenges exist,
this action reflects the long-term confidence that the Board of
Directors has in our prospects. We appreciate our investors’ support as
we continue to deliver important solutions that enhance crop protection
and safeguard public health worldwide.”
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Historical Cash Dividends:
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January
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April
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July
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October
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Annual
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2014
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$0.05
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$0.05
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$0.05
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2013
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N/A
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$0.07
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$0.05
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$0.05
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$0.17
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2012
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N/A
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$0.05
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N/A
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$0.07
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$0.12
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2011
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N/A
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$0.03
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N/A
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$0.05
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$0.08
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Notes: A Special Dividend of $0.10 per share was paid in December
2012 and is not included in the 2012 dividend calculation above. The
Company revised its dividend payment method from a semi-annual to a
quarterly approach beginning in the second half of 2013.
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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.
Copyright Business Wire 2014