Encore Wire Announces Cash Dividend
August 19 2015 - 4:00PM
Business Wire
Encore Wire Corporation (NASDAQ Global Select: WIRE) announced
today that the Company’s Board of Directors has declared a cash
dividend.
Daniel L. Jones, Chairman, President and Chief Executive Officer
of Encore Wire Corporation, said, “This two-cent per share dividend
will be paid on October 16, 2015 to stockholders of record at the
close of business on October 2, 2015. Any future quarterly
dividends will be paid subject to earnings and cash flow
considerations. We appreciate our stockholders’ commitment to the
continued growth of Encore Wire. We will continue to manage the
Company for the long-term and strive to protect our strong balance
sheet.”
Encore Wire Corporation is a leading manufacturer of a broad
range of electrical building wire for interior wiring in commercial
and industrial buildings, homes, apartments, and manufactured
housing. The Company is focused on maintaining a high level of
customer service with low-cost production and the addition of new
products that complement its current product line. The matters
discussed in this news release, other than the historical financial
information, including statements about the copper pricing
environment, profitability and stockholder value, may include
forward-looking statements that involve risks and uncertainties,
including payment of future dividends, future purchases of stock,
fluctuations in the price of copper and other raw materials, the
impact of competitive pricing and other risks detailed from time to
time in the Company’s reports filed with the Securities and
Exchange Commission. Actual results may vary materially from those
anticipated.
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version on businesswire.com: http://www.businesswire.com/news/home/20150819006177/en/
Encore Wire CorporationFrank J. Bilban,
972-562-9473Vice President & CFO
Encore Wire (NASDAQ:WIRE)
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