American Vanguard Corp. (NYSE:AVD) announced that its Board of Directors has declared a $0.02 cash dividend payment to be distributed on October 17, 2018 to shareholders of record as of October 3, 2018.
Eric Wintemute, Chairman and CEO of American Vanguard, stated, “This dividend payment continues our history of providing cash returns to shareholders based on successful operational and financial performance. The Company’s strong balance sheet supports our ability to grow through product/business acquisitions, international market expansion and the development of our innovative SIMPAS precision application technology. This payment reflects the confidence that the Board of Directors has in our strategic initiatives and long-term prospects. We appreciate the support of our shareholders as we develop and deliver important solutions that enhance agricultural productivity and safeguard public health worldwide.”
Recent Annual Cash Dividend Payments: Based on Date of Cash Distribution
- 2018 Year-to-Date. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.075 – (includes current payment)
- 2017 Full Calendar Year. . . . . . . . . . . . . . . . . . . . . . . . . $0.055
- 2016 Full Calendar Year. . . . . . . . . . . . . . . . . . . . . . . . . $0.020
- 2015 Full Calendar Year. . . . . . . . . . . . . . . . . . . . . . . . . $0.040
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® and Russell 3000® Indexes and the Standard & Poor’s 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. Except for the historical information contained in this release, 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 from time-to-time in the Company’s SEC reports and filings. All forward-looking statements, if any, in this release represent the Company’s judgment as of the date of this release.
Contact Information
William A. Kuser, Director of Investor Relations
(949) 260-1200
williamk@amvac-chemical.com
The Equity Group Inc.
Lena Cati
(212) 836-9611
Lcati@equityny.com