L.B. Foster Company Declares Quarterly Dividend
May 29 2015 - 3:31PM
PITTSBURGH, May 29,
2015 (GLOBE NEWSWIRE) -- L.B. Foster Company (Nasdaq:FSTR)
announced today that its Board of Directors has authorized a $0.04
per share regular quarterly cash dividend on its issued and
outstanding shares of common stock. The dividend is payable Friday,
June 26, 2015 to shareholders of record at the close of business on
June 12, 2015.
There are currently approximately 10.4 million shares
outstanding.
About L.B. Foster Company
L.B. Foster is a leading manufacturer, fabricator, and distributor
of products and services for the rail, construction, energy and
utility markets with locations in North America and
Europe. Please visit our
website: www.lbfoster.com
The matters discussed in this news release may
include forward-looking statements that involve risks and
uncertainties. Sentences containing words such as "anticipates,"
"expects," or "will," generally should be considered
forward-looking statements. Future dividends will be paid
subject to Board of Directors authorization as well as legal and
other restrictions. Detailed information on risks and uncertainties
which could affect the Company's operating results and liquidity
are described in the Company's Forms 10-K, 10-Q and other reports,
filed or to be filed with the Securities and Exchange Commission.
The Company urges all interested parties to read these reports to
gain a better understanding of the many business and other risks
that the Company faces. The Company assumes no obligation to update
or revise such statements, whether as a result of new information
or otherwise, except as required by securities laws.
CONTACT: David Russo
Phone: 412.928.3417
Email: Investors@Lbfoster.com
Website: www.lbfoster.com
L.B. Foster Company
415 Holiday Drive
Pittsburgh, PA 15220
|
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: L.B. Foster Company via Globenewswire
HUG#1925163
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