AKRON, Ohio, Jan. 7 /PRNewswire-FirstCall/ -- The Board of Directors of A. Schulman, Inc. (NASDAQ:SHLM) has declared a regular cash dividend of $0.15 per common share, payable February 2, 2009, to shareholders of record on January 19, 2009.
"Our Board of Directors reviewed our balance sheet and determined that our liquidity position is excellent. We are pleased to be able to maintain our dividend in this difficult economic environment," said Joseph M. Gingo, Chairman, President and Chief Executive Officer.
The Company expects to release fiscal 2009 first-quarter results after the market closes on Friday, January 9, 2009. Additionally, the Company plans to host a conference call to discuss these results on Monday, January 12, at 10 a.m. Eastern time with Joseph Gingo and Paul DeSantis, Chief Financial Officer and Treasurer. The conference call will be available via webcast. To access the live webcast, visit the Company's Web site, http://www.aschulman.com/ .
About A. Schulman, Inc.
Headquartered in Akron, Ohio, A. Schulman is a leading international supplier of high-performance plastic compounds and resins. These materials are used in a variety of consumer, industrial, automotive and packaging applications. The Company employs about 2,100 people and has 16 manufacturing facilities in North America, Europe and Asia. Revenues for the fiscal year ended August 31, 2008, were $1.98 billion. Additional information about A. Schulman can be found at http://www.aschulman.com/ . DATASOURCE: A. Schulman, Inc.
CONTACT: Paul DeSantis, CFO and Treasurer of A. Schulman Inc., +1-330-666-3751 Web Site: http://www.aschulman.com/
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