Supreme Industries, Inc. Declares $.025 Cash Dividend
November 11 2014 - 5:08PM
Business Wire
Supreme Industries, Inc. (NYSE MKT: STS), today announced
that its Board of Directors has declared a cash dividend on the
Company’s Class A and Class B Common Stock. Stockholders of record
as of the close of business on December 12, 2014, will receive
$.025 for each share owned on that date, payable on January 2,
2015.
Future cash dividend payments are subject to business
conditions, the Company's financial position, and requirements for
working capital, property, plant, and equipment expenditures and
other corporate purposes.
About Supreme IndustriesSupreme Industries, Inc. (NYSE
MKT: STS), is a nationwide manufacturer of truck bodies,
trolleys and specialty vehicles produced to the specifications of
its customers. The Company's transportation equipment products are
used by a wide variety of industrial, commercial and law
enforcement customers.
News releases and other information on the Company are available
on the Internet at: http://www.supremeind.com or
http://www.b2i.us/irpass.asp?BzID=1482&to=ea&s=0
Other than historical facts contained herein, the matters set
forth in this news release are “forward-looking statements” within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act, as
amended, and reflect the view of management with respect to future
events. When used in this report, words such as “believe,”
“expect,” “anticipate,” “estimate,” “intend,” “plan” and similar
expressions, as they relate to Supreme or its plans or operations,
identify forward-looking statements. Such forward-looking
statements are based on assumptions made by, and information
currently available to, management. Although management believes
that the expectations reflected in such forward-looking statements
are reasonable, it can give no assurance that the expectations
reflected in such forward-looking statements are reasonable, and it
can give no assurance that such expectations will prove to be
correct. Important factors that could cause actual results to
differ materially from such expectations include, without
limitation, an economic slowdown in the specialized vehicle
industry, limitations on the availability of chassis on which
Supreme’s product is dependent, availability of raw materials, raw
material cost increases and severe interest rate increases.
Furthermore, Supreme can provide no assurance that any raw material
cost increases can be passed on to its customers through
implementation of price increases for Supreme’s products. The
forward-looking statements contained herein reflect the current
view of management with respect to future events and are subject to
those factors and other risks, uncertainties and assumptions
relating to the operations, results of operations, cash flows and
financial position of Supreme. Supreme assumes no obligation to
update the forward-looking statements or to update the reasons
actual results could differ from those contemplated by such
forward-looking statements.
For Supreme Industries, Inc.Investor and Media Contact:Matthew
J. Dennis, CFA, 574-228-4130Investor Relations
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