KMG Chemicals Declares Quarterly Cash Dividend
KMG Chemicals, Inc. (NASDAQ: KMGB), a global provider of specialty chemicals in carefully focused markets, today announced that its Board of Directors has declared a quarterly cash dividend of $0.025 per common share. The dividend is payable on September 20, 2011 to shareholders of record as of September 6, 2011. As of August 23, 2011, there were approximately 11.3 million KMGB common shares outstanding.
KMG Chemicals, Inc., through its subsidiaries, produces and distributes specialty chemicals to carefully focused 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, wood treatment, and agricultural chemical markets. For more information, visit the Company's web site at www.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
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