American Vanguard Declares $0.05 Semi-Annual Cash Dividend
American Vanguard Corp. (NYSE:AVD) today announced that its Board of Directors has declared a semi-annual cash dividend of $0.05 per share. The dividend will be distributed on April 16, 2012 to shareholders of record as of April 2, 2012. The Board also determined that the 2012 Annual Meeting of Stockholders will be held at 11:00am PDT on Thursday, June 7, 2012 at the Island Hotel, 690 Newport Center Drive, Newport Beach, California and that the close of business on Monday, April 16, 2012, be the record date for determination of stockholders having the right to vote at the 2012 Annual Meeting of Stockholders.
Eric Wintemute, Chairman and CEO of American Vanguard, stated, “We are pleased to declare this semi-annual dividend, which continues our 17 year history of providing such returns to our shareholders. Through this dividend, we are giving investors a share in our excellent 2011 financial results. We appreciate our investors’ continued support and confidence in the Company as we continue our growth in the crop protection and public health markets worldwide.”
| Historical Cash Dividends | |||||||||||
| Year | April (1) | October (1) | Total (1) | ||||||||
| 2012 | $0.050 | --- | |||||||||
| 2011 | $0.030 | $0.050 | $0.080 | ||||||||
| 2010 | $0.010 | $0.020 | $0.030 | ||||||||
| 2009 | $0.050 | $0.010 | $0.060 | ||||||||
| 2008 | $0.050 | $0.030 | $0.080 | ||||||||
| 2007 | $0.040 | $0.030 | $0.070 | ||||||||
| 2006 | $0.053 | $0.030 | $0.083 | ||||||||
| 2005 | $0.041 | $0.023 | $0.064 | ||||||||
| (1) | As adjusted for stock splits. | ||||||||||
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.
The Company, from time to time, may discuss forward-looking information. All forward-looking statements are estimates by the Company’s management and are 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. Any forward-looking statements in this release represent the Company’s best judgment as of the date of this release.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
