Imperial Sugar Company Declares $0.06 Per Share Regular Quarterly Cash Dividend Payable November 20, 2006 and Schedules Fourth Quarter Earnings Release
Posted on: Thursday, 19 October 2006, 18:01 CDT
Imperial Sugar Company (NASDAQ:IPSU) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.06 per share payable on November 20, 2006 to shareholders of record on November 6, 2006. This quarterly dividend at the higher rate established in January 2006 continues the regular dividend program that has been in effect since January 2005.
The Company also announced that, consistent with past practice, it expects to release financial results for its fourth fiscal quarter and full fiscal year ended September 30, 2006, after filing its Annual Report on Form 10-K on December 12, 2006.
About Imperial Sugar
Imperial Sugar Company is one of the largest processors and marketers of refined sugar in the United States to food manufacturers, retail grocers and foodservice distributors. With packaging and refining facilities across the U.S., the Company markets products nationally under the Imperial®, Dixie Crystals® and Holly® brands. For more information about Imperial Sugar, visit www.imperialsugar.com.
Statements regarding future market prices and margins, future energy costs, future operating results, future raw sugar availability, operating efficiencies, future government and legislative action, future cost savings, future benefit costs, our liquidity and ability to finance our operations, and other statements that are not historical facts contained in this release are forward-looking statements that involve certain risks, uncertainties and assumptions. These include, but are not limited to, market factors, energy costs, the effect of weather and economic conditions, farm and trade policy, our ability to realize planned cost savings, the available supply of sugar, actual or threatened acts of terrorism or armed hostilities, legislative, administrative and judicial actions and other factors detailed in the Company's Securities and Exchange Commission filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated.
Source: Business Wire
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