Press release content from Business Wire. The AP news staff was not involved in its creation.
MCKINNEY, Texas--(BUSINESS WIRE)--May 14, 2020--
Encore Wire Corporation (NASDAQ Global Select: WIRE) announced today that the Company’s Board of Directors has declared a cash dividend.
Daniel L. Jones, Chairman, President and Chief Executive Officer of Encore Wire Corporation, said, “This two-cent per share dividend will be paid on July 17, 2020 to stockholders of record at the close of business on July 2, 2020. Any future quarterly dividends will be paid subject to earnings and cash flow considerations. We appreciate our stockholders’ commitment to the continued growth of Encore Wire. We will continue to manage the Company for the long-term and strive to protect our strong balance sheet.”
Encore Wire Corporation is a leading manufacturer of a broad range of electrical building wire for interior wiring in commercial and industrial buildings, homes, apartments, and manufactured housing. The Company is focused on maintaining a high level of customer service with low-cost production and the addition of new products that complement its current product line.
View source version on businesswire.com:https://www.businesswire.com/news/home/20200514005877/en/
CONTACT: Bret J. Eckert
Chief Financial Officer
972-562-9473
KEYWORD: TEXAS UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING OTHER CONSTRUCTION & PROPERTY STEEL CONSTRUCTION & PROPERTY
SOURCE: Encore Wire Corporation
Copyright Business Wire 2020.
PUB: 05/14/2020 05:15 PM/DISC: 05/14/2020 05:15 PM
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