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.
Copyright Business Wire 2015