L.B. Foster Company Declares Quarterly Dividend
February 25 2016 - 8:32AM
PITTSBURGH, Feb. 25, 2016 (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, March 25, 2016 to
shareholders of record at the close of business on March 11,
2016.
There are currently approximately 10.3 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#1989489
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