Am.railcar Ind. : American Railcar Industries, Inc. Board of Directors Declares $0.03 Dividend
08/13/2007| 04:30pm US/Eastern
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American Railcar Industries, Inc. (?ARI?)
(NASDAQ: ARII) announced today that its Board of Directors declared a
cash dividend of $0.03 per share of common stock of the Company. The
dividend is payable on October 19, 2007, to shareholders of record at
the close of business on October 5, 2007.
About American Railcar Industries, Inc.
American Railcar Industries, Inc. is a leading North American
manufacturer of covered hopper and tank railcars. ARI also repairs and
refurbishes railcars, provides fleet management services and designs and
manufacturers certain railcar and industrial components used in the
production of its railcars as well as railcars and non-railcar
industrial products produced by others. ARI provides its railcar
customers with integrated solutions through a comprehensive set of high
quality products and related services.
Forward-Looking Statement Disclaimer
This press release may contain statements relating to ARI's
expected financial performance and/or future business prospects, events
and plans that are ?forward?looking
statements? as defined under the Private
Securities Litigation Reform Act of 1995. Forward-looking statements
represent the Company's estimates and
assumptions only as of the date of this press release and are subject to
known and unknown risks and uncertainties that could cause actual
results to differ materially from the results described in or
anticipated by ARI's forward-looking
statements. Payment of future dividends will be at the discretion of ARI's
board of directors and will depend upon the Company's
operating results, strategic plans, capital requirements, financial
condition, provisions of its borrowing arrangements, applicable law and
other factors the Company's board of
directors considers relevant. Other potential risks and uncertainties
relating to the Company and its business are described in the Company's
filings with the Securities and Exchange Commission. ARI expressly
disclaims any duty to provide updates to any forward-looking statements
made in this press release, whether as a result of new information,
future events or otherwise. More information about American Railcar
Industries, Inc. is available on its website at www.americanrailcar.com.
American Railcar Industries, Inc.
William P. Benac, 636-940-6000
or
Michael
Obertop, 636-940-6000
© Business Wire 2007
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