American Vanguard Declares Quarterly Dividend
NEWPORT BEACH, Calif.–(BUSINESS WIRE)–American Vanguard Corp. (NYSE:AVD) announced that its Board of Directors
has declared a $0.015 cash dividend payment to be distributed on July
14, 2017 to shareholders of record as of June 30, 2017.
Eric Wintemute, Chairman and CEO of American Vanguard, stated, “This
dividend payment continues our history of providing cash returns to
shareholders based on successful operational and financial performance.
The Company’s strong balance sheet supports our managerial focus on
achieving the important strategic initiatives of product acquisition,
international expansion and commercialization of our state-of-the-art
prescription planting SIMPAS equipment technology. This dividend payment
reflects the confidence that the Board of Directors has in our near-term
and long-term prospects. We appreciate the support of our shareholders
as we develop and deliver important solutions that enhance agricultural
productivity and safeguard public health worldwide.”
Recent Annual Cash Dividend Payments:
2017 . . . . . . . . . . . . . . . . . . . . . . . . . $0.04 (Year-to-date
– including the payment presently being announced)
2016 . . . . . . . . . . . . . . . . . . . . . . . . . $0.02
2015 . . . . . . . . . . . . . . . . . . . . . . . . . $0.04
2014 . . . . . . . . . . . . . . . . . . . . . . . . . $0.20
2013 . . . . . . . . . . . . . . . . . . . . . . . . . $0.17
2012 . . . . . . . . . . . . . . . . . . . . . . . . . $0.12
2011 . . . . . . . . . . . . . . . . . . . . . . . . . $0.08
Note: A “Special dividend” of $0.10 per share was paid at the end of
2012 – – bringing the total paid in that year to $0.22 per share.
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.
Contacts
American Vanguard Corporation
William A. Kuser, 949-260-1200
Director
of Investor Relations
williamk@amvac-chemical.com
or
The
Equity Group Inc.
Lena Cati, 212-836-9611
Lcati@equityny.com
www.theequitygroup.com