Foundation Coal Declares Quarterly Dividend of $0.05 Per Share
Posted on: Tuesday, 22 May 2007, 18:00 CDT
The Board of Directors of Foundation Coal Holdings, Inc. (NYSE:FCL) has declared a quarterly dividend of $0.05 per share on the company's common stock. The dividend is payable on June 28, 2007 to shareholders of record on June 15, 2007.
Foundation Coal Holdings, Inc., through its affiliates is a major U.S. coal producer with 13 coal mines and related facilities in Pennsylvania, West Virginia, and Wyoming. Through its subsidiaries Foundation Coal employs approximately 3,000 people and produces approximately 72 million tons annually, largely for utilities generating electricity. Foundation's corporate offices are in Linthicum Heights, MD.
Source: Business Wire
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