American Vanguard : December 7, 2020 AVD Press Release
December 07, 2020 at 09:51 am EST
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December 7, 2020 AVD Press Release
American Vanguard Declares Quarterly Dividend
Newport Beach, CA - December 7, 2020 - American Vanguard Corp. (NYSE:AVD) announced that its Board of Directors has declared a $0.02 cash dividend payment to be distributed on January 6, 2021 to shareholders of record as of December 23, 2020.
Eric Wintemute, Chairman and CEO of American Vanguard, stated, 'This dividend payment continues our history of providing cash returns to shareholders based on successful operational and financial performance. After a brief, prudent pause to assess the implication of the 2020 Covid-19 pandemic, I am pleased that we are resuming our quarterly dividend payment. It reflects the confidence that the Board of Directors has in our longer-term strategic growth initiatives including biological product development, geographic market expansion, consumer pest control and the commercialization of SIMPAS precision application technology. We appreciate the support of our shareholders as we develop and deliver important solutions that enhance agricultural productivity, safeguard public health and facilitate environmental sustainability.'
About American Vanguard
American Vanguard Corporation is a diversified specialty and agricultural products company that develops and markets products for crop protection and management, turf and ornamentals management and public and animal health. American Vanguard is included on the Russell 2000® & Russell 3000® Indexes and the Standard & Poors Small Cap 600 Index. To learn more about American Vanguard, please reference the Company's web site at www.american-vanguard.com.
In its public commentary, the Company may discuss forward-looking information. Except for the historical information contained in this release, all forward-looking statements are estimates by the Company's management subject to various risks and uncertainties that may cause results to differ from management's current expectations. Such factors include weather conditions, changes in regulatory policy and other risks as detailed in the Company's SEC reports and filings. All forward-looking statements, if any, in this release represent the Company's judgment as of the date of this release.
Contact Information
American Vanguard Corporation
William A. Kuser, Director of Investor Relations (949) 260-1200 williamk@amvac-chemical.com
The Equity Group Inc.
Lena Cati
(212) 836-9611
Lcati@equityny.com
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American Vanguard Corporation published this content on 07 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 December 2020 14:50:01 UTC
American Vanguard Corporation is a diversified specialty and agricultural products company. The Company develops and markets products for crop protection and management, turf and ornamentals management and public and animal health. The Company conducts its business through its operating subsidiaries, including AMVAC Chemical Corporation (AMVAC) for its domestic business and AMVAC Netherlands BV (AMVAC BV) for its international business. AMVAC manufactures chemical, biological and biorational products that develop and markets solutions for agricultural, commercial and consumer uses. Its products include insecticides, fungicides, herbicides, soil health, plant nutrition, molluscicides, growth regulators, soil fumigants, and biorationals, and are marketed in liquid, powder, and granular forms. AMVAC BV sells products both directly and through its network of subsidiaries in various international territories. It also manufactures microbial cleaning products, BioMop-Plus and DrainGel.