Eagle Materials Declares Quarterly Dividend
The Board of Directors of Eagle Materials Inc. ( NYSE: EXP) has declared a quarterly cash dividend of $0.10 per share, payable on January 23, 2013, to stockholders of record of its Common Stock at the close of business on December 21, 2012.
About Eagle Materials Inc.
Eagle Materials Inc. manufactures and distributes Cement, Aggregates, Concrete, Gypsum Wallboard and Recycled Paperboard from 25 facilities across the U.S. The company is headquartered in Dallas, Texas.
Forward-Looking Statements. This press release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, Section 21E of the Securities Exchange Act of
1934 and the Private Securities Litigation Reform Act of 1995.
Forward-looking statements may be identified by the context of the
statement and generally arise when the Company is discussing its
beliefs, estimates or expectations. These statements are not historical
facts or guarantees of future performance but instead represent only the
Company's belief at the time the statements were made regarding future
events which are subject to certain risks, uncertainties and other
factors many of which are outside the Company's control. Actual results
and outcomes may differ materially from what is expressed or forecast in
such forward-looking statements. The principal risks and uncertainties
that may affect the Company’s actual performance include the following:
the cyclical and seasonal nature of the Company’s business; public
infrastructure expenditures; adverse weather conditions; availability of
raw materials; changes in energy costs including, without limitation,
natural gas, coal and oil; changes in the cost and availability of
transportation; unexpected operational difficulties; inability to timely
execute expansion opportunities; governmental regulation and changes in
governmental and public policy (including, without limitation, climate
change regulation); possible outcomes of pending or future litigation or
arbitration proceedings; changes in economic conditions specific to any
one or more of the Company’s markets; competition; announced increases
in capacity in the gypsum wallboard and cement industries; changes in
the demand for residential housing construction or commercial
construction; general economic conditions; and interest rates.
For
example, increases in interest rates, decreases in demand for
construction materials or increases in the cost of energy (including,
without limitation, natural gas, coal and oil) could affect the revenues
and operating earnings of our operations.
In addition, changes in
national or regional economic conditions and levels of infrastructure
and construction spending could also adversely affect the Company's
result of operations. These and other factors are described in the
Company’s Annual Report on Form 10-K for the fiscal year ended March 31,
2012 and in its Quarterly Report on Form 10-Q for the fiscal quarter
ended September 30, 2012.
These reports are filed with the
Securities and Exchange Commission. In addition, with respect to any
proposed acquisition, factors, risks and uncertainties that may cause
actual events and developments to vary materially from those anticipated
in forward-looking statements include, but are not limited to, our
ability to complete the acquisition within the expected timeframe or at
all, failure to realize the expected benefits of the transaction,
possible negative effects of announcement or consummation of the
transaction, significant transaction costs or unknown liabilities, and
general economic and business conditions that may affect us following
the acquisition. All forward-looking statements made herein are made as
of the date hereof, and the risk that actual results will differ
materially from expectations expressed herein will increase with the
passage of time. The Company undertakes no duty to update any
forward-looking statement to reflect future events or changes in the
Company's expectations.
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