L.B. Foster Company Declares Quarterly Dividend
July 28 2016 - 4:02PM
PITTSBURGH, July 28, 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, September 23,
2016 to shareholders of record at the close of business on
September 9, 2016.
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#2031785
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