FORT LEE, N.J., June 19, 2013 /PRNewswire/ -- Empire
Resources, Inc. (NASDAQ: ERS) announced that its Board of
Directors has declared a regular dividend of $0.025 per share. The cash dividends are
payable on July 17, 2013 to
stockholders of record at the close of business on July 5, 2013.
The Board of Directors intends to review its dividend policy on
a quarterly basis and make its determination based on
profitability, free cash flow and the other requirements of the
business.
Empire Resources, Inc. is a distributor of a wide range of
semi-finished metal products to customers in the transportation,
automotive, housing, appliance and packaging industries in the
U.S., Canada, Brazil, Australia, New
Zealand and Europe. It
maintains supply contracts with mills in various parts of the
world.
This press release contains forward-looking statements. Such
statements involve various risks that may cause actual results to
differ materially. These risks include, but are not limited to, the
ability of the company to grow internally or by acquisition and to
integrate acquired businesses, not being able to improve operating
margins and efficiencies, changing industry and competitive
conditions, and other risks referred to in the Company's publicly
available statements and periodic reports.
SOURCE Empire Resources, Inc.